# PPP loan: WELLS & ASSOCIATES INC
> **$419K** approved 01/26/2021 · Paid in Full · Loan `5934418307`
## Borrower
- **Name:** WELLS & ASSOCIATES INC
- **Address:** 2127 Espey Ct Ste 210, Crofton, MD, 21114-2490
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $419K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*