PPP Loan information for New boundaries, inc.

$29,200

New boundaries, inc. was initially approved for PPP Loan of amount $18,600, the current approved amount is $29,200. The loan was approved on 04/13/2020 by The Iowa State Bank reported 1 jobs and $29,200 was used to fund payroll.

New boundaries, inc. is Existing or more than 2 years old

NEW BOUNDARIES, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW BOUNDARIES, INC.

Borrower Address

223 Rutherford Rd.

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-4549

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18600.00

Current Approval Amount

29200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-4549

CD

MN-04

Jobs Reported

1

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29200.00

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

Subchapter S Corporation

Originating Lender Location Id

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27165.34

Forgiveness Date

02/16/2021

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