PPP Loan information for Wellmax motor

$180,000

Wellmax motor was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 06/14/2020 by The Celtic Bank Corporation reported 7 jobs and $180,000 was used to fund payroll.

Wellmax motor is Existing or more than 2 years old

PPP Loan Search / FL / POMPANO BEACH / Wellmax motor

WELLMAX MOTOR

Date Approved

06/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

WELLMAX MOTOR

Borrower Address

131 NW 16TH STREET BAY#2

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33060

Loan Status Date

06/16/2022

Loan Status

Charged Off

Term

36

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33060-3700

CD

FL-23

Jobs Reported

7

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22500.00

Payroll Proceed

135000.00

Mortgage Interest Proceed

0.00

Rent Proceed

22500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;