PPP Loan information for Wallace oil company

$219,662

Wallace oil company was initially approved for PPP Loan of amount $219,662, the current approved amount is $219,662. The loan was approved on 04/07/2020 by The First National Bank Colorado reported 28 jobs and $219,662 was used to fund payroll.

Wallace oil company is Existing or more than 2 years old

PPP Loan Search / CO / LA JUNTA / Wallace oil company

WALLACE OIL COMPANY

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

WALLACE OIL COMPANY

Borrower Address

506 1ST ST

Borrower City

LA JUNTA

Borrower State

CO

Borrower Zip

81050-1743

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219662.00

Current Approval Amount

219662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15611

Servicing Lender Name

First National Bank Colorado

Servicing Lender Address

535 Bent Ave

Servicing Lender City

LAS ANIMAS

Servicing Lender State

CO

Servicing Lender Zip

81054-1725

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LA JUNTA

Project County Name

OTERO

Project State

CO

Project Zip

81050-1743

CD

CO-03

Jobs Reported

28

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21249.00

Payroll Proceed

188224.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10189.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15611

Originating Lender

First National Bank Colorado

Originating Lender City

LAS ANIMAS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221383.19

Forgiveness Date

01/26/2021

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