# PPP loan: WELLS ASSET MANAGEMENT, INC.
> **$665K** approved 04/14/2020 · Paid in Full · Loan `5768507100`
## Borrower
- **Name:** WELLS ASSET MANAGEMENT, INC.
- **Address:** 14881 Quorum Dr Ste 190, Dallas, TX, 75254-1464
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $665K
- **Initial approval:** $665K
- **Forgiven:** $672K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $665K
- **Jobs reported:** 10
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*