Wallace Electrical Systems, L.l.c.

$489,750 PPP Loan in West Frankfort, Illinois

Loan Details

Loan Number
5096717002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$489,750
Current Approval
$489,750
Forgiveness Amount
$490,015
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wallace Electrical Systems, L.l.c.
Address
2853 Ken Gray Blvd Suite 4
ZIP Code
62896-4183
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333131)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$489,750

Lender Information

Servicing Lender
Peoples National Bank, National Association
Originating Lender
Peoples National Bank, National Association

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