Colonial Manors of Fayette Inc.

$482,000 PPP Loan in Fayette, Iowa

Loan Details

Loan Number
5460887102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$482,000
Current Approval
$482,000
Forgiveness Amount
$485,722
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Manors of Fayette Inc.
Address
100 Bolger Dr
State
Iowa
ZIP Code
52142-9762
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$420,000
Utilities
$40,000
Health Care
$22,000

Lender Information

Servicing Lender
Readlyn Savings Bank
Originating Lender
Readlyn Savings Bank

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