New Harvest Foods, INC

$3,007,500 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
4840017009
Date Approved
Apr 4, 2020
Loan Status
Charged Off
Initial Approval
$3,007,500
Current Approval
$3,007,500
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
6 months
Draw
First Draw

Business Information

Business Name
New Harvest Foods, INC
Address
653 Rice St
ZIP Code
55103-1849
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424480)
Business Age
New Business or 2 years or less
Jobs Reported
235
Estimated Revenue
$60.5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$2,407,500
Rent
$300,000
Utilities
$300,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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