PPP Loan information for Newcon co.

$176,432

Newcon co. was initially approved for PPP Loan of amount $176,432, the current approved amount is $176,432. The loan was approved on 01/23/2021 by The Security State Bank of Hibbing reported 12 jobs and $176,432 was used to fund payroll.

Newcon co. is Existing or more than 2 years old

PPP Loan Search / MN / Hibbing / Newcon co.

NEWCON CO.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEWCON CO.

Borrower Address

605 W 37th St

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-2829

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176432.00

Current Approval Amount

176432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-2829

CD

MN-08

Jobs Reported

12

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176430.00

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

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177215.07

Forgiveness Date

07/08/2021

;