PPP Loan information for Newcon co.

$165,750

Newcon co. was initially approved for PPP Loan of amount $165,750, the current approved amount is $165,750. The loan was approved on 04/13/2020 by The Grand Rapids State Bank reported 12 jobs and $165,750 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

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEWCON CO.

Borrower Address

605 W 37TH ST

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-2829

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165750.00

Current Approval Amount

165750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

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

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165750.00

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166670.83

Forgiveness Date

11/03/2020

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