Newteam, LLC
$4,304,800 PPP Loan in Forest Lake, Minnesota
Loan Details
- Loan Number
- 9061317107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,304,800
- Current Approval
- $4,304,800
- Forgiveness Amount
- $4,354,784
- Forgiveness Date
- Jun 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Newteam, LLC
- Address
- 20697 Fenway Ave N
- City
- Forest Lake
- State
- Minnesota
- ZIP Code
- 55025-8103
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (326199)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 304
- Estimated Revenue
- $301.5M
- Rural/Urban
- Urban
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $4,304,800
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Forest Lake, MN
| Business | Approved | |
|---|---|---|
| Vinco INC | $2,817,837 | |
| City View Electric Inc. | $1,978,900 | |
| North Pine Aggregate INC | $1,403,700 | |
| Wilcox Automotive LLC | $1,339,365 | |
| Interstate Removal, LLC | $1,200,000 |
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