PPP Loan information for Reading anthracite company

$2,500,367

Reading anthracite company was initially approved for PPP Loan of amount $2,500,367, the current approved amount is $2,500,367. The loan was approved on 04/27/2020 by The Manufacturers and Traders Trust Company reported 141 jobs and $2,500,367 was used to fund payroll.

Reading anthracite company is Existing or more than 2 years old

READING ANTHRACITE COMPANY

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

READING ANTHRACITE COMPANY

Borrower Address

200 Mahantongo Street

Borrower City

Pottsville

Borrower State

PA

Borrower Zip

17901

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500367.00

Current Approval Amount

2500367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pottsville

Project County Name

SCHUYLKILL

Project State

PA

Project Zip

17901-0001

CD

PA-09

Jobs Reported

141

NAICS Code

212113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

178000.00

Payroll Proceed

1900367.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

351000.00

Debt Interest Proceed

71000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2528179.30

Forgiveness Date

06/14/2021

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