PPP Loan information for Newton financial solutions, llc

$122,325

Newton financial solutions, llc was initially approved for PPP Loan of amount $122,325, the current approved amount is $122,325. The loan was approved on 04/14/2020 by The Cambridge State Bank reported 8 jobs and $122,325 was used to fund payroll.

Newton financial solutions, llc is Existing or more than 2 years old

PPP Loan Search / MN / Cambridge / Newton financial solutions, llc

NEWTON FINANCIAL SOLUTIONS, LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEWTON FINANCIAL SOLUTIONS, LLC

Borrower Address

600 South Main St. S#110

Borrower City

Cambridge

Borrower State

MN

Borrower Zip

55008-1646

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122325.00

Current Approval Amount

122325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36703

Servicing Lender Name

Cambridge State Bank

Servicing Lender Address

127 S Main St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MN

Servicing Lender Zip

55008-1535

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

ISANTI

Project State

MN

Project Zip

55008-1646

CD

MN-08

Jobs Reported

8

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

121325.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36703

Originating Lender

Cambridge State Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123058.95

Forgiveness Date

11/25/2020

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