Wells Technology INC

$566,500 PPP Loan in Bemidji, Minnesota

Loan Details

Loan Number
5038097008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$566,500
Current Approval
$566,500
Forgiveness Amount
$571,457
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wells Technology INC
Address
4885 Windsor Ct
ZIP Code
56601-7659
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.2M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$566,500

Lender Information

Servicing Lender
The First National Bank of Bemidji
Originating Lender
The First National Bank of Bemidji

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