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New Line Mechanical Inc.

$897,000 PPP Loan in Byron, Minnesota

Loan Details

Loan Number
4497967003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$897,000
Current Approval
$897,000
Forgiveness Amount
$904,176
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Line Mechanical Inc.
Address
1527 Voll Dr
City
Byron
State
Minnesota
ZIP Code
55920-1579
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$15.8M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$897,000

Lender Information

Servicing Lender
Think Mutual Bank
Originating Lender
Think Mutual Bank

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