PPP Loan information for Newt's 52 inc.

$391,551

Newt's 52 inc. was initially approved for PPP Loan of amount $391,551, the current approved amount is $391,551. The loan was approved on 01/20/2021 by The The First National Bank of Henning reported 37 jobs and $391,551 was used to fund payroll.

Newt's 52 inc. is Existing or more than 2 years old

PPP Loan Search / MN / Rochester / Newt's 52 inc.

NEWT'S 52 INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEWT'S 52 INC.

Borrower Address

5231 E Frontage Rd NW

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55901-4156

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

391550.92

Current Approval Amount

391550.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38234

Servicing Lender Name

The First National Bank of Henning

Servicing Lender Address

106 State Hwy 78 North

Servicing Lender City

OTTERTAIL

Servicing Lender State

MN

Servicing Lender Zip

56571

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-4156

CD

MN-01

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

391545.92

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

38234

Originating Lender

The First National Bank of Henning

Originating Lender City

OTTERTAIL

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

396336.54

Forgiveness Date

04/21/2022

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