Ed Wallace Construction

$696,700 PPP Loan in Stanley, North Carolina

Loan Details

Loan Number
5553438309
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$696,700
Current Approval
$696,700
Forgiveness Amount
$705,633
Forgiveness Date
May 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ed Wallace Construction
Address
14663 Lucia Riverbend Hwy
ZIP Code
28164-9779
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.7M
Rural/Urban
Urban
Congressional District
NC-14

Loan Use Breakdown

Payroll
$696,699
Utilities
$1

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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