Wellspring House, Inc.

$294,900 PPP Loan in Gloucester, Massachusetts

Loan Details

Loan Number
5752757002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$294,900
Current Approval
$294,900
Forgiveness Amount
$297,453
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wellspring House, Inc.
Address
302 Essex Avenue
ZIP Code
01930-2351
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624229)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$221,175
Utilities
$36,862
Mortgage Interest
$36,863

Lender Information

Servicing Lender
Institution for Savings in Newburyport and Its Vicinity
Originating Lender
Institution for Savings in Newburyport and Its Vicinity

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