PPP Loan information for Readex inc

$330,200

Readex inc was initially approved for PPP Loan of amount $330,200, the current approved amount is $330,200. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 17 jobs and $330,200 was used to fund payroll.

Readex inc is Existing or more than 2 years old

PPP Loan Search / MN / STILLWATER / Readex inc

READEX INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

READEX INC

Borrower Address

2251 Tower Drive

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330200.00

Current Approval Amount

330200.00

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

55082-0001

CD

MN-04

Jobs Reported

17

NAICS Code

541910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20637.50

Payroll Proceed

247650.00

Mortgage Interest Proceed

20637.50

Rent Proceed

20637.50

Refinance EIDL Proceed

0.00

Health Care Proceed

20637.50

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

332364.64

Forgiveness Date

12/08/2020

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