PPP Loan information for Ed wallace construction inc

$696,700

Ed wallace construction inc was initially approved for PPP Loan of amount $696,700, the current approved amount is $696,700. The loan was approved on 04/07/2020 by The Peoples Bank reported 52 jobs and $696,700 was used to fund payroll.

Ed wallace construction inc is Existing or more than 2 years old

PPP Loan Search / NC / STANLEY / Ed wallace construction inc

ED WALLACE CONSTRUCTION INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ED WALLACE CONSTRUCTION INC

Borrower Address

14663 LUCIA RIVERBEND HWY

Borrower City

STANLEY

Borrower State

NC

Borrower Zip

28164-9779

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

696700.00

Current Approval Amount

696700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

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

52

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

696700.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

701847.84

Forgiveness Date

01/07/2021

;