PPP Loan information for Neufeldt industrial services inc

$499,967

Neufeldt industrial services inc was initially approved for PPP Loan of amount $499,967, the current approved amount is $499,967. The loan was approved on 02/17/2021 by The First Farmers & Merchants Bank reported 23 jobs and $499,967 was used to fund payroll.

Neufeldt industrial services inc is Existing or more than 2 years old

NEUFELDT INDUSTRIAL SERVICES INC

Date Approved

02/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEUFELDT INDUSTRIAL SERVICES INC

Borrower Address

2568 Eagle Ridge Dr

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-7454

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

499967.00

Current Approval Amount

499967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Wing

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-7454

CD

MN-01

Jobs Reported

23

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499965.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

502244.63

Forgiveness Date

08/03/2021

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