# PPP loan: ED WALLACE CONSTRUCTION INC
> **$697K** approved 04/07/2020 · Paid in Full · Loan `6627017009`
## Borrower
- **Name:** ED WALLACE CONSTRUCTION INC
- **Address:** 14663 LUCIA RIVERBEND HWY, STANLEY, NC, 28164-9779
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $702K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $697K
- **Jobs reported:** 52
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*