# PPP loan: WELLSOURCE, INC.
> **$531K** approved 04/28/2020 · Paid in Full · Loan `8801507205`
## Borrower
- **Name:** WELLSOURCE, INC.
- **Address:** 8100 SW Nyberg St, Ste 450, TUALATIN, OR, 97062
- **NAICS:** 334118
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $531K
- **Initial approval:** $531K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $478K
- **Utilities:** $53K
- **Jobs reported:** 25
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*