# PPP loan: WELLSPRING WIRELESS
> **$260K** approved 02/03/2021 · Paid in Full · Loan `2513118407`
## Borrower
- **Name:** WELLSPRING WIRELESS
- **Address:** 3580 Progress Dr Ste L, Bensalem, PA, 19020-5818
- **NAICS:** 334514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $261K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Jobs reported:** 16
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*