PPP Loan information for Wellspring foundation inc

$1,037,000

Wellspring foundation inc was initially approved for PPP Loan of amount $1,037,000, the current approved amount is $1,037,000. The loan was approved on 04/07/2020 by The Thomaston Savings Bank reported 114 jobs and $1,037,000 was used to fund payroll.

Wellspring foundation inc is Existing or more than 2 years old

WELLSPRING FOUNDATION INC

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

WELLSPRING FOUNDATION INC

Borrower Address

21 Arch Bridge RD PO Box 370

Borrower City

BETHLEHEM

Borrower State

CT

Borrower Zip

06751-1612

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1037000.00

Current Approval Amount

1037000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHLEHEM

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06751-1612

CD

CT-05

Jobs Reported

114

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1037000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1045068.71

Forgiveness Date

02/01/2021

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