PPP Loan information for Colonial manors of fayette inc.

$482,000

Colonial manors of fayette inc. was initially approved for PPP Loan of amount $482,000, the current approved amount is $482,000. The loan was approved on 04/13/2020 by The Readlyn Savings Bank reported 53 jobs and $482,000 was used to fund payroll.

Colonial manors of fayette inc. is Existing or more than 2 years old

PPP Loan Search / IA / FAYETTE / Colonial manors of fayette inc.

COLONIAL MANORS OF FAYETTE INC.

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

COLONIAL MANORS OF FAYETTE INC.

Borrower Address

100 BOLGER DR

Borrower City

FAYETTE

Borrower State

IA

Borrower Zip

52142-9762

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482000.00

Current Approval Amount

482000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25403

Servicing Lender Name

Readlyn Savings Bank

Servicing Lender Address

141 Main St

Servicing Lender City

READLYN

Servicing Lender State

IA

Servicing Lender Zip

50668

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTE

Project County Name

FAYETTE

Project State

IA

Project Zip

52142-9762

CD

IA-02

Jobs Reported

53

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40000.00

Payroll Proceed

420000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25403

Originating Lender

Readlyn Savings Bank

Originating Lender City

READLYN

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

485722.11

Forgiveness Date

01/20/2021

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