PPP Loan information for The wellesley local llc

$518,098

The wellesley local llc was initially approved for PPP Loan of amount $518,098, the current approved amount is $518,098. The loan was approved on 03/28/2021 by The Needham Bank reported 42 jobs and $518,098 was used to fund payroll.

The wellesley local llc is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / The wellesley local llc

THE WELLESLEY LOCAL LLC

Date Approved

03/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE WELLESLEY LOCAL LLC

Borrower Address

11 Forest St

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481-6831

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

518097.61

Current Approval Amount

518097.61

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-6831

CD

MA-05

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

518095.61

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

Limited Liability Company(LLC)

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524026.95

Forgiveness Date

05/31/2022

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