PPP Loan information for Wallace oil company inc

$501,200

Wallace oil company inc was initially approved for PPP Loan of amount $501,200, the current approved amount is $501,200. The loan was approved on 04/10/2020 by The Ameris Bank reported 30 jobs and $501,200 was used to fund payroll.

Wallace oil company inc is New Business or 2 years or less

PPP Loan Search / GA / SMYRNA / Wallace oil company inc

WALLACE OIL COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

WALLACE OIL COMPANY INC

Borrower Address

5370 Oakdale Road

Borrower City

SMYRNA

Borrower State

GA

Borrower Zip

30082

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501200.00

Current Approval Amount

501200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SMYRNA

Project County Name

COBB

Project State

GA

Project Zip

30082-1500

CD

GA-11

Jobs Reported

30

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501200.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

507543.96

Forgiveness Date

08/03/2021

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