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Readlyn Telephone Company

$63,300 PPP Loan in Readlyn, Iowa

Loan Details

Loan Number
6672217009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$63,300
Current Approval
$63,300
Forgiveness Amount
$63,613
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Readlyn Telephone Company
Address
121 Main Street Po Box 159
City
Readlyn
State
Iowa
ZIP Code
50668-7732
Business Type
Corporation
Industry (NAICS)
Information (517911)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$50,640
Rent
$1,000
Utilities
$3,200
Health Care
$8,460

Lender Information

Servicing Lender
Readlyn Savings Bank
Originating Lender
Readlyn Savings Bank

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