As part of the Paycheck Protection Program NEWELL MACHINERY COMPANY, 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.

NEWELL MACHINERY COMPANY, INC


Loan Amount	$2,280,097
BusinessName	NEWELL MACHINERY COMPANY, INC
Address	1405 Mitchell Drive
City	HIAWATHA
State	IA
Zip	52233
NAICSCode	332312
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	297
DateApproved	04/28/2020
Lender	U.S. Bank, National Association
CD	IA-01
BusinessName.clean	NEWELL MACHINERY COMPANY

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

NEWELL ROADBUILDERS
NEWELLBERG ALLIANCE TN
NEWESCO
NEWFANE OPERATIONS
NEWFIELD CONSTRUCTION GROUP