# PPP loan: WELLSPRING FOUNDATION INC
> **$1.04M** approved 04/07/2020 · Paid in Full · Loan `6627557007`
## Borrower
- **Name:** WELLSPRING FOUNDATION INC
- **Address:** 21 Arch Bridge RD PO Box 370, BETHLEHEM, CT, 06751-1612
- **NAICS:** 621420
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 114
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*