Wallace Hardware Co., Inc.

$1,935,000 PPP Loan in Morristown, Tennessee

Loan Details

Loan Number
9800627710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,935,000
Current Approval
$1,935,000
Forgiveness Amount
$1,952,335
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wallace Hardware Co., Inc.
Address
5050 S Davy Crockett Pkwy,
ZIP Code
37813
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423720)
Business Age
Existing or more than 2 years old
Jobs Reported
193
Estimated Revenue
$59.1M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$1,935,000

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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