PPP borrower record

WELLSTONE INC PPP loan record

Public SBA PPP loan record for WELLSTONE INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$2,511,500
Approved amount
$2,541,010
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
WELLSTONE INC
Loan number
7432767005
Business type
Non-Profit Organization
Business age
Existing or more than 2 years old
Borrower city
Huntsville
Borrower state
Alabama
Borrower ZIP
35802
Jobs reported
290
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
ServisFirst Bank
Originating lender
ServisFirst Bank

Reported use of proceeds

Payroll
$2,400,500
Rent
$7,800
Utilities
$55,500
Mortgage interest
$34,600
Health care
N/A
Debt interest
$13,100

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.