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
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

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