PPP Loan information for The well effect company

$62,523

The well effect company was initially approved for PPP Loan of amount $62,523, the current approved amount is $62,523. The loan was approved on 01/27/2021 by The Brookline Bank reported 5 jobs and $62,523 was used to fund payroll.

The well effect company is Existing or more than 2 years old

THE WELL EFFECT COMPANY

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE WELL EFFECT COMPANY

Borrower Address

158 Great Rd Unit C

Borrower City

Bedford

Borrower State

MA

Borrower Zip

01730-2737

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62522.55

Current Approval Amount

62522.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32688

Servicing Lender Name

Brookline Bank

Servicing Lender Address

2 Harvard St

Servicing Lender City

BROOKLINE

Servicing Lender State

MA

Servicing Lender Zip

02445-7905

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01730-2737

CD

MA-06

Jobs Reported

5

NAICS Code

622310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62519.55

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

32688

Originating Lender

Brookline Bank

Originating Lender City

BROOKLINE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62857.53

Forgiveness Date

08/17/2021

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