Wallace Electrical Systems LLC

$617,931 PPP Loan in West Frankfort, Illinois

Loan Details

Loan Number
9021738302
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$617,931
Current Approval
$617,931
Forgiveness Amount
$622,011
Forgiveness Date
Oct 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Wallace Electrical Systems LLC
Address
2853 Ken Gray Blvd Ste 4
ZIP Code
62896-4289
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (335931)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$617,926
Utilities
$1

Lender Information

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

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