Wells Equipment Sales, Inc.

$246,957 PPP Loan in Litchfield, Michigan

Loan Details

Loan Number
7621617201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$246,957
Current Approval
$246,957
Forgiveness Amount
$250,147
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wells Equipment Sales, Inc.
Address
534 Homer Rd
ZIP Code
49252-9126
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$197,566
Utilities
$12,347
Mortgage Interest
$37,044

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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