PPP Loan information for Wallace factoring llc

$62,547

Wallace factoring llc was initially approved for PPP Loan of amount $62,547, the current approved amount is $62,547. The loan was approved on 02/11/2021 by The First American National Bank reported 10 jobs and $62,547 was used to fund payroll.

Wallace factoring llc is Existing or more than 2 years old

WALLACE FACTORING LLC

Date Approved

02/11/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WALLACE FACTORING LLC

Borrower Address

6341 Clay Tilden Rd

Borrower City

Fulton

Borrower State

MS

Borrower Zip

38843-9442

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62547.00

Current Approval Amount

62547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39314

Servicing Lender Name

First American National Bank

Servicing Lender Address

1251 First American Dr

Servicing Lender City

IUKA

Servicing Lender State

MS

Servicing Lender Zip

38852-1034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fulton

Project County Name

ITAWAMBA

Project State

MS

Project Zip

38843-9442

CD

MS-01

Jobs Reported

10

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62546.00

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

39314

Originating Lender

First American National Bank

Originating Lender City

IUKA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63042.24

Forgiveness Date

12/09/2021

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