PPP Loan information for Wallace repair shop, inc.

$30,380

Wallace repair shop, inc. was initially approved for PPP Loan of amount $30,380, the current approved amount is $30,380. The loan was approved on 04/12/2020 by The New Peoples Bank, Inc. reported 6 jobs and $30,380 was used to fund payroll.

Wallace repair shop, inc. is Existing or more than 2 years old

WALLACE REPAIR SHOP, INC.

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WALLACE REPAIR SHOP, INC.

Borrower Address

21004 CLEAR CREEK RD

Borrower City

BRISTOL

Borrower State

VA

Borrower Zip

24202-3536

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30380.00

Current Approval Amount

30380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

WASHINGTON

Project State

VA

Project Zip

24202-3536

CD

VA-09

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30380.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30651.73

Forgiveness Date

03/03/2021

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