# PPP loan: THE WESLEYAN HOMES, INC.
> **$3.62M** approved 04/27/2020 · Exemption 4 · Loan `3880067209`
## Borrower
- **Name:** THE WESLEYAN HOMES, INC.
- **Address:** 2100 SCENIC DRIVE, GEORGETOWN, TX, 78626
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.62M
- **Initial approval:** $3.62M
- **Forgiven:** $3.39M (94%)
- **Forgiveness date:** 08/03/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.62M
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 465
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*