PPP Loan information for Wessels nursing home of matthews, inc.

$1,535,055

Wessels nursing home of matthews, inc. was initially approved for PPP Loan of amount $1,535,055, the current approved amount is $1,535,055. The loan was approved on 04/30/2020 by The Pinnacle Bank reported 176 jobs and $1,535,055 was used to fund payroll.

Wessels nursing home of matthews, inc. is Existing or more than 2 years old

WESSELS NURSING HOME OF MATTHEWS, INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WESSELS NURSING HOME OF MATTHEWS, INC.

Borrower Address

600 FULLWOOD RD

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28105

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1535055.00

Current Approval Amount

1535055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTHEWS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28105-0001

CD

NC-14

Jobs Reported

176

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1535055.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1550868.17

Forgiveness Date

05/12/2021

;