PPP borrower record

WALLACE ELECTRICAL SYSTEMS, L.L.C. PPP loan record

Public SBA PPP loan record for WALLACE ELECTRICAL SYSTEMS, L.L.C.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$489,750
Approved amount
$490,015
Forgiven amount
2020-04-05
Date approved

Borrower and loan details

Borrower
WALLACE ELECTRICAL SYSTEMS, L.L.C.
Loan number
5096717002
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
West Frankfort
Borrower state
Illinois
Borrower ZIP
62896
Jobs reported
54
Loan status
Exemption 4
Forgiveness date
2021-02-10
Servicing lender
Peoples National Bank, National Association
Originating lender
Peoples National Bank, National Association

Reported use of proceeds

Payroll
$489,750
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.