PPP Loan information for Wallace industrial inc.

$200,100

Wallace industrial inc. was initially approved for PPP Loan of amount $200,100, the current approved amount is $200,100. The loan was approved on 03/31/2021 by The First-Citizens Bank & Trust Company reported 20 jobs and $200,100 was used to fund payroll.

Wallace industrial inc. is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Wallace industrial inc.

WALLACE INDUSTRIAL INC.

Date Approved

03/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WALLACE INDUSTRIAL INC.

Borrower Address

870 Biscayne Dr

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-8441

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200100.00

Current Approval Amount

200100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-8441

CD

NC-12

Jobs Reported

20

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

200098.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

202868.51

Forgiveness Date

08/22/2022

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