PPP Loan information for Wellspring inc

$316,300

Wellspring inc was initially approved for PPP Loan of amount $316,300, the current approved amount is $316,300. The loan was approved on 04/10/2020 by The Pioneer Bank & Trust reported 55 jobs and $316,300 was used to fund payroll.

Wellspring inc is Existing or more than 2 years old

WELLSPRING INC

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

WELLSPRING INC

Borrower Address

22 WATERLOO ST

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57701-1656

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316300.00

Current Approval Amount

316300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66436

Servicing Lender Name

Pioneer Bank & Trust

Servicing Lender Address

700 State St

Servicing Lender City

BELLE FOURCHE

Servicing Lender State

SD

Servicing Lender Zip

57717-1421

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57701-1656

CD

SD-

Jobs Reported

55

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316300.00

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

66436

Originating Lender

Pioneer Bank & Trust

Originating Lender City

BELLE FOURCHE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

318059.15

Forgiveness Date

11/03/2020

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