PPP Loan information for Wallace electronic sales inc

$98,681

Wallace electronic sales inc was initially approved for PPP Loan of amount $98,681, the current approved amount is $98,681. The loan was approved on 02/03/2021 by The First Community Bank reported 7 jobs and $98,681 was used to fund payroll.

Wallace electronic sales inc is Existing or more than 2 years old

PPP Loan Search / NC / Kernersville / Wallace electronic sales inc

WALLACE ELECTRONIC SALES INC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WALLACE ELECTRONIC SALES INC

Borrower Address

935 K E Mountain St

Borrower City

Kernersville

Borrower State

NC

Borrower Zip

27284-3221

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98681.37

Current Approval Amount

98681.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kernersville

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-3221

CD

NC-06

Jobs Reported

7

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98678.37

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99303.61

Forgiveness Date

09/21/2021

;