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Wellspring Builders INC

$440,437 PPP Loan in Hermitage, Tennessee

Loan Details

Loan Number
5000347103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$440,437
Current Approval
$440,437
Forgiveness Amount
$442,884
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wellspring Builders INC
Address
3803 Central Pike
City
Hermitage
State
Tennessee
ZIP Code
37076-3408
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$33.0M
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$402,933
Rent
$24,144
Utilities
$4,664
Health Care
$8,432
Debt Interest
$264

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Capstar Bank, a Division of Old National Bank

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