PPP Loan information for New harvest foods, inc

$3,007,500

New harvest foods, inc was initially approved for PPP Loan of amount $3,007,500, the current approved amount is $3,007,500. The loan was approved on 04/04/2020 by The Northwest Bank reported 235 jobs and $3,007,500 was used to fund payroll.

New harvest foods, inc is New Business or 2 years or less

NEW HARVEST FOODS, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW HARVEST FOODS, INC

Borrower Address

653 Rice St

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55103-1849

Loan Status Date

10/07/2021

Loan Status

Charged Off

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

3007500.00

Current Approval Amount

3007500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55103-1849

CD

MN-04

Jobs Reported

235

NAICS Code

424480

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

300000.00

Payroll Proceed

2407500.00

Mortgage Interest Proceed

0.00

Rent Proceed

300000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;