PPP Loan information for Wallace telecommunications inc

$52,900

Wallace telecommunications inc was initially approved for PPP Loan of amount $52,900, the current approved amount is $52,900. The loan was approved on 04/14/2020 by The Truist Bank reported 6 jobs and $52,900 was used to fund payroll.

Wallace telecommunications inc is Existing or more than 2 years old

WALLACE TELECOMMUNICATIONS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WALLACE TELECOMMUNICATIONS INC

Borrower Address

2050 Eastgate Drive Suite A

Borrower City

GREENVILLE

Borrower State

NC

Borrower Zip

27858-4283

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52900.00

Current Approval Amount

52900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

PITT

Project State

NC

Project Zip

27858-4283

CD

NC-01

Jobs Reported

6

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53402.55

Forgiveness Date

04/01/2021

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