Wellspace Properties, LLC

Awardtype: Guaranteed/insured Loans Activities to Be Performed: Assist Small Business Concerns by Providing Long-term, Fixed-rate Financing for Fixed Assets Through the Sale of Debentures to Private Investors. Deliverables: Loans Expected Outcomes: Acquisition of Land and Buildings; the Construction, Expansion, Renovation or Modernization of Buildings; or the Acquisition And/or Installation of Machinery and Equipment. Additionally, Limited Debt Refinance of Eligible Projects. Intended Beneficiaries: Small Business Subrecipient Activities: Na

Loan amount

Paid to

2445 Lee RD, Winter Park, FL, 32789

Small Business Administration

Place

FL, UNITED STATES

FL-90

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal loan · loan guarantee

Small Business Administration

504 Certified Development Loans to

Wellspace Properties, LLC

Loan amount

Paid to

Wellspace Properties, LLC

2445 Lee RD, Winter Park, FL, 32789

Small Business Administration

Place

FL, UNITED STATES

FL-90

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗