As part of the Paycheck Protection Program NEWTEAM, LLC 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.

NEWTEAM, LLC


Loan Amount	$4,304,800
BusinessName	NEWTEAM, LLC
Address	20697 Fenway Ave N
City	FOREST LAKE
State	MN
Zip	55025
NAICSCode	326199
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	304
DateApproved	04/15/2020
Lender	Alerus Financial, National Association
CD	MN-06
BusinessName.clean	NEWTEAM

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

NEWTECH INSTALLATION USA
NEWTECH SYSTEMS
NEWTON ASSOCIATES I LTD
APPRENTICE JOURNEYMEN TRAINING TRUST FUND OF THE SOUTHERN
NEWTON CONSTRUCTION MANAGEMENT