Newco Enterprises, Inc.

$2,000,000 PPP Loan in Saint Charles, Missouri

Loan Details

Loan Number
5511957002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$1,676,200
Forgiveness Amount
$1,687,773
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newco Enterprises, Inc.
Address
3650 New Town Blvd
ZIP Code
63301-4357
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311920)
Business Age
Unanswered
Jobs Reported
191
Estimated Revenue
$67.4M
Rural/Urban
Urban
Congressional District
MO-03

Loan Use Breakdown

Payroll
$1,257,150
Rent
$419,050

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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