# PPP loan: WELLEN CONSTRUCTION CO. INC
> **$581K** approved 04/03/2020 · Paid in Full · Loan `4423377000`
## Borrower
- **Name:** WELLEN CONSTRUCTION CO. INC
- **Address:** 488 BOSTON POST RD, MARLBOROUGH, MA, 01752-3604
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $581K
- **Initial approval:** $581K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Rent:** $40K
- **Utilities:** $20K
- **Health care:** $56K
- **Jobs reported:** 29
## Lender
- **Originating:** St. Mary's CU
- **Servicing:** St. Mary's CU (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*