Wellspring Wireless, Inc.

$251,000 PPP Loan in Bensalem, Pennsylvania

Loan Details

Loan Number
8287027101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$251,000
Current Approval
$251,000
Forgiveness Amount
$252,467
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wellspring Wireless, Inc.
Address
3580 Progress Drive, Suite L
ZIP Code
19020
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$180,000
Rent
$16,000
Utilities
$1,000
Health Care
$54,000

Lender Information

Servicing Lender
Meridian Bank
Originating Lender
Meridian Bank

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