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New Line Mechanical Inc

Company Details

Name: New Line Mechanical Inc
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 28 Sep 2012 (12 years ago)
Company Number: 64c5f470-9f09-e211-bc43-001ec94ffe7f
File Number: 620322200029
Registered Office Address: 70737 325th Street, Grand Meadow, MN 55936, USA
Principal Executive Office Address: 1527 VOLL DR NW, BYRON, MN 55920–1579, USA
ZIP code: 55936
County: Mower County
Place of Formation: Minnesota

Chief Executive Officer

Name Role Address
Chad Gregory Severson Chief Executive Officer 70737 325TH ST, GRAND MEADOW, MN 55936–8655, USA

Agent

Name Role
Chad Gregory Severson Agent

Filing

Filing Name Filing date
Original Filing - Business Corporation (Domestic) (Business Name: New Line Mechanical Inc) 2012-09-28

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8655818310 2021-01-29 0508 PPS 1527 Voll Dr NW, Byron, MN, 55920-1579
Loan Status Date 2021-10-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1051400
Loan Approval Amount (current) 1051400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 99830
Servicing Lender Name Think Mutual Bank
Servicing Lender Address 5200 Members Pkwy NW, ROCHESTER, MN, 55901-8381
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Byron, OLMSTED, MN, 55920-1579
Project Congressional District MN-01
Number of Employees 50
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 99830
Originating Lender Name Think Mutual Bank
Originating Lender Address ROCHESTER, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 1056540.18
Forgiveness Paid Date 2021-08-04
4497967003 2020-04-03 0508 PPP 1527 VOLL DR, BYRON, MN, 55920-1579
Loan Status Date 2021-02-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 897000
Loan Approval Amount (current) 897000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 99830
Servicing Lender Name Think Mutual Bank
Servicing Lender Address 5200 Members Pkwy NW, ROCHESTER, MN, 55901-8381
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address BYRON, OLMSTED, MN, 55920-1579
Project Congressional District MN-01
Number of Employees 50
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 99830
Originating Lender Name Think Mutual Bank
Originating Lender Address ROCHESTER, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 904176
Forgiveness Paid Date 2021-01-20

Date of last update: 09 Feb 2025

Sources: Minnesota's Official State Website