# PPP loan: WELLEX CORPORATION
> **$796K** approved 03/20/2021 · Paid in Full · Loan `5491408609`
## Borrower
- **Name:** WELLEX CORPORATION
- **Address:** 551 Brown Rd, Fremont, CA, 94539-7003
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $796K
- **Initial approval:** $796K
- **Forgiven:** $802K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $796K
- **Utilities:** $1
- **Jobs reported:** 72
## Lender
- **Originating:** CTBC Bank Corp. (USA).
- **Servicing:** CTBC Bank Corp. (USA). (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*