Wellstone INC

$2,511,500 PPP Loan in Huntsville, Alabama

Loan Details

Loan Number
7432767005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,511,500
Current Approval
$2,511,500
Forgiveness Amount
$2,541,010
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wellstone INC
Address
4040 Memorial Pkwy
State
Alabama
ZIP Code
35802-4364
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623220)
Business Age
Existing or more than 2 years old
Jobs Reported
290
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$2,400,500
Rent
$7,800
Utilities
$55,500
Mortgage Interest
$34,600
Debt Interest
$13,100

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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