WALLACE ELECTRIC INC.

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business WALLACE ELECTRIC INC.
Business Type Subchapter S Corporation
Business Category Electrical Contractors and Other Wiring Installation Contractors
Business Address 417 Dove St
Minnesota Lake MN 56068-3122
Jobs Retained 3
Loan Amount $37,364
Forgiveness Amount $37,640

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Dec 9, 2021

Date Approved 02/18/2021
Lender Community Bank Mankato
201 E Main St
VERNON CENTER MN 56090
Ethnicity Owned Unanswered
Gender of Owner Unanswered
Is Owner a Veteran? Unanswered