Relion INC

$812,800 PPP Loan in Iowa City, Iowa

Loan Details

Loan Number
6874357003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$812,800
Current Approval
$812,800
Forgiveness Amount
$818,309
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Relion INC
Address
24 Westside Drive
State
Iowa
ZIP Code
52246-4360
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$28.8M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$609,600
Rent
$50,800
Utilities
$50,800
Health Care
$50,800
Mortgage Interest
$50,800

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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