PPP Loan information for James a olson

$24,087

James a olson was initially approved for PPP Loan of amount $24,087, the current approved amount is $24,087. The loan was approved on 04/30/2020 by The Vermillion State Bank reported 2 jobs and $24,087 was used to fund payroll.

James a olson is Existing or more than 2 years old

JAMES A OLSON

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JAMES A OLSON

Borrower Address

1141 4th St W

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24087.00

Current Approval Amount

24087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-0001

CD

MN-01

Jobs Reported

2

NAICS Code

524210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

258.00

Payroll Proceed

21429.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24224.83

Forgiveness Date

11/24/2020

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