# PPP loan: WELLS MOTOR CO
> **$376K** approved 04/09/2020 · Paid in Full · Loan `9036577004`
## Borrower
- **Name:** WELLS MOTOR CO
- **Address:** 1600 US HWY 27 S, AVON PARK, FL, 33825-5321
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $1
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Heartland National Bank
- **Servicing:** Heartland National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*