Wallace Oil Company

$219,662 PPP Loan in La Junta, Colorado

Loan Details

Loan Number
6670177006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$219,662
Current Approval
$219,662
Forgiveness Amount
$221,383
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wallace Oil Company
Address
506 1st St
ZIP Code
81050-1743
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.2M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$188,224
Utilities
$21,249
Health Care
$10,189

Lender Information

Servicing Lender
First National Bank Colorado
Originating Lender
First National Bank Colorado

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