Newell Machinery Company, Inc.

$2,280,097 PPP Loan in Hiawatha, Iowa

Loan Details

Loan Number
8247657206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,280,097
Current Approval
$2,280,097
Forgiveness Amount
$2,311,385
Forgiveness Date
Sep 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newell Machinery Company, Inc.
Address
1405 Mitchell Drive
State
Iowa
ZIP Code
52233
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
297
Estimated Revenue
$72.6M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,280,097

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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