PPP Loan information for The wellspring group

$123,500

The wellspring group was initially approved for PPP Loan of amount $123,500, the current approved amount is $123,500. The loan was approved on 04/28/2020 by The Regions Bank reported 10 jobs and $123,500 was used to fund payroll.

The wellspring group is Existing or more than 2 years old

THE WELLSPRING GROUP

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE WELLSPRING GROUP

Borrower Address

6721 Co Rd 99,

Borrower City

Newville

Borrower State

AL

Borrower Zip

36353

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123500.00

Current Approval Amount

123500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newville

Project County Name

HENRY

Project State

AL

Project Zip

36353-0001

CD

AL-02

Jobs Reported

10

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

124684.25

Forgiveness Date

04/23/2021

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