# PPP loan: WELLESLEY VOLKSWAGEN INC
> **$540K** approved 05/27/2021 · Exemption 4 · Loan `8221919010`
## Borrower
- **Name:** WELLESLEY VOLKSWAGEN INC
- **Address:** 231 Linden St, Wellesley, MA, 02482-5910
- **NAICS:** 423110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $540K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*