Newbreed Dairy INC
$214,300 PPP Loan in Rushford, Minnesota
Loan Details
- Loan Number
- 7188177002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $214,300
- Current Approval
- $214,300
- Forgiveness Amount
- $215,949
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newbreed Dairy INC
- Address
- 25772 County Road 102
- City
- Rushford
- State
- Minnesota
- ZIP Code
- 55971-4222
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $192,870
- Mortgage Interest
- $21,430
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Rushford, MN
| Business | Approved | |
|---|---|---|
| Mienergy Cooperative | $1,625,600 |  Research |
| Good Shepherd Lutheran Home | $808,500 | Research |
| Burns & Messenger, Inc. D/b/a M & M Lawn & Leisure | $568,900 | Research |
| Connaughty Industries Inc. | $260,710 | Research |
| Semcac | $250,000 | Research |
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