PPP Loan information for Wallace inc.

$117,900

Wallace inc. was initially approved for PPP Loan of amount $117,900, the current approved amount is $117,900. The loan was approved on 04/08/2020 by The United Community Bank reported 10 jobs and $117,900 was used to fund payroll.

Wallace inc. is New Business or 2 years or less

PPP Loan Search / MN / WADENA / Wallace inc.

WALLACE INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WALLACE INC.

Borrower Address

211 Howard Ave SW

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-1955

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117900.00

Current Approval Amount

117900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-1955

CD

MN-07

Jobs Reported

10

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117900.00

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

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118623.55

Forgiveness Date

11/27/2020

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