PPP Loan information for Wallace pump & supply co. inc

$165,313

Wallace pump & supply co. inc was initially approved for PPP Loan of amount $165,313, the current approved amount is $165,313. The loan was approved on 04/14/2020 by The Troy Bank & Trust Company reported 16 jobs and $165,313 was used to fund payroll.

Wallace pump & supply co. inc is Existing or more than 2 years old

WALLACE PUMP & SUPPLY CO. INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WALLACE PUMP & SUPPLY CO. INC

Borrower Address

9729 US HIGHWAY 231

Borrower City

BRUNDIDGE

Borrower State

AL

Borrower Zip

36010-4832

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165312.52

Current Approval Amount

165312.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRUNDIDGE

Project County Name

PIKE

Project State

AL

Project Zip

36010-4832

CD

AL-02

Jobs Reported

16

NAICS Code

332913

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

936.70

Payroll Proceed

156387.80

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7988.02

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166254.57

Forgiveness Date

11/12/2020

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