Newman Group, Inc.

$39,000 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
5628687008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$39,000
Current Approval
$39,000
Forgiveness Amount
$39,227
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newman Group, Inc.
Address
885 East Madison Ave
ZIP Code
56001-6139
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424930)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$31,800
Utilities
$3,600
Mortgage Interest
$3,600

Lender Information

Servicing Lender
Community Bank Mankato
Originating Lender
Community Bank Mankato

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