As part of the Paycheck Protection Program NEW LINE MECHANICAL INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEW LINE MECHANICAL INC


Loan Amount	$897,000
BusinessName	NEW LINE MECHANICAL INC
Address	1527 VOLL DR
City	BYRON
State	MN
Zip	55920
NAICSCode	238220
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	50
DateApproved	04/03/2020
Lender	Think Mutual Bank
CD	MN-01
BusinessName.clean	NEW LINE MECHANICAL

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEW LINE STRUCTURES DEVELOPMENT
NEW LONDON COUNTY MUTUAL INSURANCE COMPANY
NEW LOOK CONTRACTING
APPLIED INDUSTRIAL MACHINING
NEW MARKET POULTRY