Wallace Electric Inc.

$37,364 PPP Loan in Minnesota Lake, Minnesota

Loan Details

Loan Number
1095048510
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$37,364
Current Approval
$37,364
Forgiveness Amount
$37,640
Forgiveness Date
Nov 16, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Wallace Electric Inc.
Address
417 Dove St
ZIP Code
56068-3122
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$37,360
Utilities
$1

Lender Information

Servicing Lender
Community Bank Mankato
Originating Lender
Community Bank Mankato

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