PPP Loan information for Arthur e. olsen co inc

$323,000

Arthur e. olsen co inc was initially approved for PPP Loan of amount $323,000, the current approved amount is $323,000. The loan was approved on 01/20/2021 by The Ion Bank reported 30 jobs and $323,000 was used to fund payroll.

Arthur e. olsen co inc is Existing or more than 2 years old

ARTHUR E. OLSEN CO INC

Date Approved

01/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ARTHUR E. OLSEN CO INC

Borrower Address

1257 Southford Rd

Borrower City

Southbury

Borrower State

CT

Borrower Zip

06488-4424

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

323000.00

Current Approval Amount

323000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southbury

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06488-4424

CD

CT-05

Jobs Reported

30

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

322998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324707.92

Forgiveness Date

08/16/2021

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