# PPP loan: WELLESLEY ISLAND BUILDING SUPPLY INC
> **$177K** approved 04/11/2020 · Paid in Full · Loan `3026167107`
## Borrower
- **Name:** WELLESLEY ISLAND BUILDING SUPPLY INC
- **Address:** 44482 COUNTY ROUTE 191, WELLESLEY ISLAND, NY, 13640-3227
- **NAICS:** 444110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Mortgage interest:** $2K
- **Utilities:** $32K
- **Debt interest:** $1K
- **Jobs reported:** 17
## Lender
- **Originating:** Watertown Savings Bank
- **Servicing:** Watertown Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*