PPP Loan information for Wallace drug company, inc.

$111,265

Wallace drug company, inc. was initially approved for PPP Loan of amount $111,265, the current approved amount is $111,265. The loan was approved on 04/06/2020 by The The First Bank reported 16 jobs and $111,265 was used to fund payroll.

Wallace drug company, inc. is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Wallace drug company, inc.

WALLACE DRUG COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WALLACE DRUG COMPANY, INC.

Borrower Address

520 NORTH MAGNOLIA ST

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-3559

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111265.25

Current Approval Amount

111265.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-3559

CD

MS-04

Jobs Reported

16

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1750.00

Payroll Proceed

99515.25

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112167.73

Forgiveness Date

02/04/2021

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