PPP Loan information for Neufeldt industrial services, lnc.

$499,967

Neufeldt industrial services, lnc. was initially approved for PPP Loan of amount $499,967, the current approved amount is $499,967. The loan was approved on 04/14/2020 by The First Farmers & Merchants Bank reported 23 jobs and $499,967 was used to fund payroll.

Neufeldt industrial services, lnc. is Existing or more than 2 years old

NEUFELDT INDUSTRIAL SERVICES, LNC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEUFELDT INDUSTRIAL SERVICES, LNC.

Borrower Address

51 PO BOX

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-0051

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499967.00

Current Approval Amount

499967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-0051

CD

MN-01

Jobs Reported

23

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

119992.00

Payroll Proceed

379975.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

493110.95

Forgiveness Date

12/09/2020

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