# PPP loan: WALLACE & CO. INC.
> **$1.23M** approved 01/31/2021 · Paid in Full · Loan `9794108303`
## Borrower
- **Name:** WALLACE & CO. INC.
- **Address:** 4521 Quail Lakes Dr, Stockton, CA, 95207-5257
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $953K (77%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 214
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*