# PPP loan: WALLACE TILE INC.
> **$166K** approved 03/02/2021 · Paid in Full · Loan `5832508505`
## Borrower
- **Name:** WALLACE TILE INC.
- **Address:** 1205 Latta St, Chattanooga, TN, 37406-3746
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Builtwell Bank
- **Servicing:** Builtwell Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*