PPP Loan information for Wallace enterprises, inc

$338,740

Wallace enterprises, inc was initially approved for PPP Loan of amount $338,740, the current approved amount is $338,740. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 58 jobs and $338,740 was used to fund payroll.

Wallace enterprises, inc is New Business or 2 years or less

PPP Loan Search / VA / FAIRFAX / Wallace enterprises, inc

WALLACE ENTERPRISES, INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

WALLACE ENTERPRISES, INC

Borrower Address

2981 PROSPERITY AVE

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22031-2208

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338740.00

Current Approval Amount

338740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAIRFAX

Project County Name

FAIRFAX

Project State

VA

Project Zip

22031-2208

CD

VA-11

Jobs Reported

58

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

338740.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

341347.83

Forgiveness Date

02/10/2021

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