Welldex Logistics Mcallen, Inc.

$255,643 PPP Loan in Laredo, Texas

Loan Details

Loan Number
8755817006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$255,643
Current Approval
$255,643
Forgiveness Amount
$260,294
Forgiveness Date
Jan 28, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Welldex Logistics Mcallen, Inc.
Address
13808 Humphrey
City
Laredo
State
Texas
ZIP Code
78045
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.9M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$191,732
Utilities
$2,000
Mortgage Interest
$61,911

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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