Newton Professional Purchasing Inc.
$161,500 PPP Loan in Newton, Iowa
Loan Details
- Loan Number
- 1890618307
- Date Approved
- Jan 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $161,500
- Current Approval
- $161,500
- Forgiveness Amount
- $162,168
- Forgiveness Date
- Jun 30, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Newton Professional Purchasing Inc.
- Address
- 623 N 19th Ave E
- City
- Newton
- State
- Iowa
- ZIP Code
- 50208-1853
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.1M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $161,498
- Utilities
- $1
Lender Information
- Servicing Lender
- Fnnb Bank
- Originating Lender
- Fnnb Bank
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|---|---|---|
| The Vernon Company | $2,000,000 |  Research |
| Van Maanen Electric Inc. | $2,000,000 | Research |
| Van Maanen Electric, Inc. | $1,969,300 | Research |
| Thombert, Inc. | $1,964,400 | Research |
| Fremont Farms of Iowa LLP | $1,881,250 | Research |
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