PPP Loan information for New generation inc

$20,832

New generation inc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 03/27/2021 by The Lake Elmo Bank reported 1 jobs and $20,832 was used to fund payroll.

New generation inc is Existing or more than 2 years old

PPP Loan Search / MN / Stillwater / New generation inc

NEW GENERATION INC

Date Approved

03/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEW GENERATION INC

Borrower Address

2587 Bayberry Ave

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-5267

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

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

55082-5267

CD

MN-04

Jobs Reported

1

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20899.92

Forgiveness Date

07/28/2021

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