PPP Loan information for Ed wallace construction

$696,700

Ed wallace construction was initially approved for PPP Loan of amount $696,700, the current approved amount is $696,700. The loan was approved on 01/25/2021 by The United Community Bank reported 54 jobs and $696,700 was used to fund payroll.

Ed wallace construction is Existing or more than 2 years old

PPP Loan Search / NC / Stanley / Ed wallace construction

ED WALLACE CONSTRUCTION

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

ED WALLACE CONSTRUCTION

Borrower Address

14663 Lucia Riverbend Hwy

Borrower City

Stanley

Borrower State

NC

Borrower Zip

28164-9779

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

696700.00

Current Approval Amount

696700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stanley

Project County Name

GASTON

Project State

NC

Project Zip

28164-9779

CD

NC-14

Jobs Reported

54

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

696699.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

705633.03

Forgiveness Date

05/17/2022

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