PPP Loan information for Readlyn telephone company

$63,300

Readlyn telephone company was initially approved for PPP Loan of amount $63,300, the current approved amount is $63,300. The loan was approved on 04/07/2020 by The Readlyn Savings Bank reported 4 jobs and $63,300 was used to fund payroll.

Readlyn telephone company is Existing or more than 2 years old

PPP Loan Search / IA / READLYN / Readlyn telephone company

READLYN TELEPHONE COMPANY

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

READLYN TELEPHONE COMPANY

Borrower Address

121 Main Street PO Box 159

Borrower City

READLYN

Borrower State

IA

Borrower Zip

50668-7732

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63300.00

Current Approval Amount

63300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25403

Servicing Lender Name

Readlyn Savings Bank

Servicing Lender Address

141 Main St

Servicing Lender City

READLYN

Servicing Lender State

IA

Servicing Lender Zip

50668

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READLYN

Project County Name

BREMER

Project State

IA

Project Zip

50668-7732

CD

IA-02

Jobs Reported

4

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3200.00

Payroll Proceed

50640.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8460.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25403

Originating Lender

Readlyn Savings Bank

Originating Lender City

READLYN

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63612.98

Forgiveness Date

10/13/2020

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