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R D Wallace Oil Co INC

$237,500 PPP Loan in Morton, Texas

Loan Details

Loan Number
8603187008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$237,500
Current Approval
$247,600
Forgiveness Amount
$248,976
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
R D Wallace Oil Co INC
Address
501 N. Main Street
City
Morton
State
Texas
ZIP Code
79346-2204
Business Type
Corporation
Industry (NAICS)
Retail Trade (447190)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$8.0M
Rural/Urban
Rural
Congressional District
TX-19

Loan Use Breakdown

Payroll
$247,600

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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