PPP Loan information for Wallace hardware co., inc.

$1,935,000

Wallace hardware co., inc. was initially approved for PPP Loan of amount $1,935,000, the current approved amount is $1,935,000. The loan was approved on 05/01/2020 by The Regions Bank reported 193 jobs and $1,935,000 was used to fund payroll.

Wallace hardware co., inc. is Existing or more than 2 years old

PPP Loan Search / TN / Morristown / Wallace hardware co., inc.

WALLACE HARDWARE CO., INC.

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WALLACE HARDWARE CO., INC.

Borrower Address

5050 S Davy Crockett Pkwy,

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37813

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1935000.00

Current Approval Amount

1935000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37813-1000

CD

TN-01

Jobs Reported

193

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1935000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1952335.48

Forgiveness Date

03/31/2021

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