PPP Loan information for Readex

$293,100

Readex was initially approved for PPP Loan of amount $293,100, the current approved amount is $293,100. The loan was approved on 02/10/2021 by The MidWestOne Bank reported 19 jobs and $293,100 was used to fund payroll.

Readex is Existing or more than 2 years old

READEX

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

READEX

Borrower Address

2251 Tower Dr W

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-7570

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

293100.00

Current Approval Amount

293100.00

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

Stillwater

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-7570

CD

MN-04

Jobs Reported

19

NAICS Code

541910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

293098.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

294174.70

Forgiveness Date

06/25/2021

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