PPP Loan information for The wellspring alliance for families inc

$612,382

The wellspring alliance for families inc was initially approved for PPP Loan of amount $612,382, the current approved amount is $612,382. The loan was approved on 04/07/2020 by The Origin Bank reported 81 jobs and $612,382 was used to fund payroll.

The wellspring alliance for families inc is Existing or more than 2 years old

PPP Loan Search / LA / MONROE / The wellspring alliance for families inc

THE WELLSPRING ALLIANCE FOR FAMILIES INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE WELLSPRING ALLIANCE FOR FAMILIES INC

Borrower Address

1515 JACKSON ST

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71202-2034

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612382.49

Current Approval Amount

612382.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71202-2034

CD

LA-05

Jobs Reported

81

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

122476.49

Payroll Proceed

489906.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

619186.74

Forgiveness Date

05/24/2021

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