PPP Loan information for Wellspring wireless

$259,700

Wellspring wireless was initially approved for PPP Loan of amount $259,700, the current approved amount is $259,700. The loan was approved on 02/03/2021 by The Meridian Bank reported 16 jobs and $259,700 was used to fund payroll.

Wellspring wireless is Existing or more than 2 years old

PPP Loan Search / PA / Bensalem / Wellspring wireless

WELLSPRING WIRELESS

Date Approved

02/03/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

WELLSPRING WIRELESS

Borrower Address

3580 Progress Dr Ste L

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-5818

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259700.00

Current Approval Amount

259700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-5818

CD

PA-01

Jobs Reported

16

NAICS Code

334514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

259700.00

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

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260966.48

Forgiveness Date

08/06/2021

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