Reading Anthracite Company

$2,500,367 PPP Loan in Pottsville, Pennsylvania

Loan Details

Loan Number
4831077210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$2,500,367
Current Approval
$2,500,367
Forgiveness Amount
$2,528,179
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reading Anthracite Company
Address
200 Mahantongo Street
ZIP Code
17901
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212113)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
PA-09

Loan Use Breakdown

Payroll
$1,900,367
Utilities
$178,000
Health Care
$351,000
Debt Interest
$71,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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