Wallace Oil Company INC

$501,200 PPP Loan in Smyrna, Georgia

Loan Details

Loan Number
1400447110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$501,200
Current Approval
$501,200
Forgiveness Amount
$507,544
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wallace Oil Company INC
Address
5370 Oakdale Road
City
Smyrna
State
Georgia
ZIP Code
30082
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
New Business or 2 years or less
Jobs Reported
30
Estimated Revenue
$7.7M
Rural/Urban
Urban
Congressional District
GA-11

Loan Use Breakdown

Payroll
$501,200

Lender Information

Servicing Lender
Ameris Bank
Originating Lender
Ameris Bank

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