PPP Loan information for Wallace foods inc

$11,127

Wallace foods inc was initially approved for PPP Loan of amount $11,127, the current approved amount is $11,127. The loan was approved on 05/01/2020 by The Cross River Bank reported 3 jobs and $11,127 was used to fund payroll.

Wallace foods inc is New Business or 2 years or less

PPP Loan Search / MA / Fitchburg / Wallace foods inc

WALLACE FOODS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WALLACE FOODS INC

Borrower Address

377 John Fitch Highway

Borrower City

Fitchburg

Borrower State

MA

Borrower Zip

01420

Loan Status Date

04/19/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

11127.00

Current Approval Amount

11127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Fitchburg

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-0001

CD

MA-03

Jobs Reported

3

NAICS Code

925110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11127.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8651.58

Forgiveness Date

09/13/2021

;