New Ulm Steel & Recycling INC

$102,700 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
4356617010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$102,700
Current Approval
$102,700
Forgiveness Amount
$103,453
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Ulm Steel & Recycling INC
Address
218 19th St S
ZIP Code
56073-1171
Business Type
Corporation
Industry (NAICS)
Manufacturing (332111)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$102,700

Lender Information

Servicing Lender
Bank Midwest
Originating Lender
Bank Midwest

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