PPP Loan information for Wallace cordage co

$54,170

Wallace cordage co was initially approved for PPP Loan of amount $54,170, the current approved amount is $54,170. The loan was approved on 05/29/2020 by The Patriot Bank reported 10 jobs and $54,170 was used to fund payroll.

Wallace cordage co is Existing or more than 2 years old

PPP Loan Search / TN / COVINGTON / Wallace cordage co

WALLACE CORDAGE CO

Date Approved

05/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WALLACE CORDAGE CO

Borrower Address

428 East PLEASANT AVE

Borrower City

COVINGTON

Borrower State

TN

Borrower Zip

38019-2600

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54170.00

Current Approval Amount

54170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323390

Servicing Lender Name

Patriot Bank

Servicing Lender Address

8376 Hwy 51 N

Servicing Lender City

MILLINGTON

Servicing Lender State

TN

Servicing Lender Zip

38053-1617

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

TIPTON

Project State

TN

Project Zip

38019-2600

CD

TN-08

Jobs Reported

10

NAICS Code

314994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54170.00

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

323390

Originating Lender

Patriot Bank

Originating Lender City

MILLINGTON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54426.75

Forgiveness Date

11/19/2020

;