PPP Loan information for Newhouse machinery company inc

$258,200

Newhouse machinery company inc was initially approved for PPP Loan of amount $258,200, the current approved amount is $258,200. The loan was approved on 04/07/2020 by The First Western Bank & Trust reported 16 jobs and $258,200 was used to fund payroll.

Newhouse machinery company inc is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Newhouse machinery company inc

NEWHOUSE MACHINERY COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEWHOUSE MACHINERY COMPANY INC

Borrower Address

111 50TH AVE

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-9273

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258200.00

Current Approval Amount

258200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-9273

CD

MN-07

Jobs Reported

16

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258200.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

259713.34

Forgiveness Date

11/13/2020

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