# PPP loan: WELLTEC INC.
> **$2.00M** approved 01/25/2021 · Exemption 4 · Loan `5792748305`
## Borrower
- **Name:** WELLTEC INC.
- **Address:** 22440 Merchants Way, Katy, TX, 77449-7813
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*