PPP Loan information for Wallace industrial, inc.

$213,000

Wallace industrial, inc. was initially approved for PPP Loan of amount $213,000, the current approved amount is $213,000. The loan was approved on 07/28/2020 by The First-Citizens Bank & Trust Company reported 17 jobs and $213,000 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

07/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WALLACE INDUSTRIAL, INC.

Borrower Address

870 Biscayne Drive

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-8441

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213000.00

Current Approval Amount

213000.00

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

17

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213000.00

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

214521.26

Forgiveness Date

04/22/2021

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