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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-04
Jobs Reported
1
NAICS Code
541613
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
27165.34
Forgiveness Date
02/16/2021