Wallace Electrical Construction INC
$557,100 PPP Loan in South Saint Paul, Minnesota
Loan Details
- Loan Number
- 9935797102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $557,100
- Current Approval
- $557,100
- Forgiveness Amount
- $563,538
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Wallace Electrical Construction INC
- Address
- 218 13th Avenue S, Suite 200
- City
- South Saint Paul
- State
- Minnesota
- ZIP Code
- 55075
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $6.6M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $417,825
- Rent
- $34,819
- Utilities
- $34,819
- Mortgage Interest
- $34,819
- Refinance EIDL
- $34,819
Lender Information
- Servicing Lender
- Midwestone Bank
- Originating Lender
- Midwestone Bank
Other PPP Loans in South Saint Paul, MN
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|---|---|---|
| Schadegg Mechanical INC | $5,023,400 |  Research |
| Rihm Motor Company | $3,384,200 | Research |
| Wipaire, Inc. | $2,827,800 | Research |
| Bonfe's Plumbing Heating and Air Service | $1,831,800 | Research |
| Fury Motors Inc. | $1,702,814 | Research |
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