# PPP loan: WELLTEC, INC.
> **$2.55M** approved 06/30/2020 · Exemption 4 · Loan `6431598002`
## 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:** $2.55M
- **Initial approval:** $2.55M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.55M
- **Jobs reported:** 103
## 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*