PPP Loan information for Newell company

$60,290

Newell company was initially approved for PPP Loan of amount $60,290, the current approved amount is $60,290. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 4 jobs and $60,290 was used to fund payroll.

Newell company is New Business or 2 years or less

NEWELL COMPANY

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEWELL COMPANY

Borrower Address

6281 CHESSHIRE LN N

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55311

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60290.00

Current Approval Amount

60290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55311-0001

CD

MN-03

Jobs Reported

4

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60290.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48980.95

Forgiveness Date

11/10/2020

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