Newlett Inc.

$554,500 PPP Loan in Elkhart, Indiana

Loan Details

Loan Number
8700087004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$554,500
Current Approval
$554,500
Forgiveness Amount
$558,212
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Newlett Inc.
Address
435 Harrison St
State
Indiana
ZIP Code
46516-2771
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$21.5M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$415,875
Mortgage Interest
$138,625

Lender Information

Servicing Lender
First State Bank of Middlebury
Originating Lender
First State Bank of Middlebury

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