New Century Systems, Inc.
$507,600 PPP Loan in Hamel, Minnesota
Loan Details
- Loan Number
- 6155727000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $507,600
- Current Approval
- $507,600
- Forgiveness Amount
- $511,480
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New Century Systems, Inc.
- Address
- 20150 75th Ave N, Ste B
- City
- Hamel
- State
- Minnesota
- ZIP Code
- 55340-8605
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $10.1M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $507,600
Lender Information
- Servicing Lender
- The Bank of Elk River
- Originating Lender
- The Bank of Elk River
Other PPP Loans in Hamel, MN
| Business | Approved | |
|---|---|---|
| Medina Electric, LLC | $5,131,844 | |
| Max-Tech, Inc. | $4,423,300 | |
| Tolomatic, Inc. | $3,659,700 | |
| Medina Electric LLC | $2,000,000 | |
| Progressive Systems, INC | $1,466,400 |
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