PPP borrower record
WALLACE ELECTRIC INC. PPP loan record
Public SBA PPP loan record for WALLACE ELECTRIC INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$37,364
Approved amount
N/A
Forgiven amount
2021-02-18
Date approved
Borrower and loan details
Borrower
WALLACE ELECTRIC INC.
Loan number
1095048510
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Minnesota Lake
Borrower state
Minnesota
Borrower ZIP
56068
Jobs reported
3
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Community Bank Mankato
Originating lender
Community Bank Mankato
Reported use of proceeds
Payroll
$37,360
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.