PPP Loan information for Wallace construction inc.

$524,085

Wallace construction inc. was initially approved for PPP Loan of amount $524,085, the current approved amount is $524,085. The loan was approved on 02/06/2021 by The First Merchants Bank reported 53 jobs and $524,085 was used to fund payroll.

Wallace construction inc. is Existing or more than 2 years old

PPP Loan Search / IN / Martinsville / Wallace construction inc.

WALLACE CONSTRUCTION INC.

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

WALLACE CONSTRUCTION INC.

Borrower Address

9790 Old State Road 37 N

Borrower City

Martinsville

Borrower State

IN

Borrower Zip

46151-8342

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524085.00

Current Approval Amount

524085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Martinsville

Project County Name

MORGAN

Project State

IN

Project Zip

46151-8342

CD

IN-06

Jobs Reported

53

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

524085.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

527200.79

Forgiveness Date

09/17/2021

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