PPP Loan information for Relion inc

$812,800

Relion inc was initially approved for PPP Loan of amount $812,800, the current approved amount is $812,800. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 56 jobs and $812,800 was used to fund payroll.

Relion inc is Existing or more than 2 years old

RELION INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RELION INC

Borrower Address

24 Westside Drive

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-4360

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

812800.00

Current Approval Amount

812800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-4360

CD

IA-01

Jobs Reported

56

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50800.00

Payroll Proceed

609600.00

Mortgage Interest Proceed

50800.00

Rent Proceed

50800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

818308.98

Forgiveness Date

12/17/2020

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