# PPP loan: WELLSPRING INC
> **$163K** approved 01/29/2021 · Paid in Full · Loan `8023478306`
## Borrower
- **Name:** WELLSPRING INC
- **Address:** 814 Nantasket Ave # 0, Hull, MA, 02045-1533
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 23
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*