PPP Loan information for Basch-olovson engineering company, inc.

$50,000

Basch-olovson engineering company, inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 08/04/2020 by The The Shelby State Bank reported 5 jobs and $50,000 was used to fund payroll.

Basch-olovson engineering company, inc. is Startup, Loan Funds will Open Business

PPP Loan Search / MI / Fruitport / Basch-olovson engineering company, inc.

BASCH-OLOVSON ENGINEERING COMPANY, INC.

Date Approved

08/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BASCH-OLOVSON ENGINEERING COMPANY, INC.

Borrower Address

3438 Mt. Garfield Rd

Borrower City

Fruitport

Borrower State

MI

Borrower Zip

49415-9209

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Startup, Loan Funds will Open Business

Project City

Fruitport

Project County Name

MUSKEGON

Project State

MI

Project Zip

49415-9209

CD

MI-02

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Subchapter S Corporation

Originating Lender Location Id

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50239.73

Forgiveness Date

01/28/2021

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