New Tech Electric Systems, Inc.

$194,400 PPP Loan in Inver Grove Heights, Minnesota

Loan Details

Loan Number
4878437110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$194,400
Current Approval
$194,400
Forgiveness Amount
$195,673
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Tech Electric Systems, Inc.
Address
297 Bridgepoint Way
ZIP Code
55076
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$194,400

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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