# PPP loan: THE WELLESLEY LOCAL LLC
> **$518K** approved 03/28/2021 · Paid in Full · Loan `2284158708`
## Borrower
- **Name:** THE WELLESLEY LOCAL LLC
- **Address:** 11 Forest St, Wellesley, MA, 02481-6831
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 05/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $518K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Needham Bank
- **Servicing:** Needham Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*