Newt's 52

$278,000 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
4917897210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$278,000
Current Approval
$278,000
Forgiveness Amount
$280,178
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newt's 52
Address
212 1st Ave SW
ZIP Code
55902-3144
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$268,000
Utilities
$10,000

Lender Information

Servicing Lender
The First National Bank of Henning
Originating Lender
The First National Bank of Henning

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