PPP Loan information for Wellspring inc

$480,800

Wellspring inc was initially approved for PPP Loan of amount $480,800, the current approved amount is $480,800. The loan was approved on 04/16/2020 by The Bangor Savings Bank reported 74 jobs and $480,800 was used to fund payroll.

Wellspring inc is Existing or more than 2 years old

PPP Loan Search / ME / BANGOR / Wellspring inc

WELLSPRING INC

Date Approved

04/16/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WELLSPRING INC

Borrower Address

98 Cumberland Street

Borrower City

BANGOR

Borrower State

ME

Borrower Zip

04401

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480800.00

Current Approval Amount

480800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04401-0002

CD

ME-02

Jobs Reported

74

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

480800.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

487183.96

Forgiveness Date

08/20/2021

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