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Wallace Electric Inc.

$66,100 PPP Loan in Goshen, Indiana

Loan Details

Loan Number
6769297203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$66,100
Current Approval
$66,100
Forgiveness Amount
$66,550
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wallace Electric Inc.
Address
17230 Cr 18
City
Goshen
State
Indiana
ZIP Code
46528-8681
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$49,575
Utilities
$16,525

Lender Information

Servicing Lender
First State Bank of Middlebury
Originating Lender
First State Bank of Middlebury

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