Wallace Lumber Company

$1,870,030 PPP Loan in Summit, Mississippi

Loan Details

Loan Number
3030278605
Date Approved
Mar 16, 2021
Loan Status
Paid in Full
Initial Approval
$1,870,030
Current Approval
$1,870,030
Forgiveness Amount
$1,877,869
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Wallace Lumber Company
Address
6521 County Line Rd
City
Summit
ZIP Code
39666-7044
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
172
Estimated Revenue
$170.6M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$1,870,026
Utilities
$1

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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