PPP Loan information for M. e. olson construction inc.

$156,370

M. e. olson construction inc. was initially approved for PPP Loan of amount $156,370, the current approved amount is $156,370. The loan was approved on 03/16/2021 by The Fifth Third Bank reported 8 jobs and $156,370 was used to fund payroll.

M. e. olson construction inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elmhurst / M. e. olson construction inc.

M. E. OLSON CONSTRUCTION INC.

Date Approved

03/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

M. E. OLSON CONSTRUCTION INC.

Borrower Address

601 S Il Route 83

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-4261

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156370.00

Current Approval Amount

156370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-4261

CD

IL-06

Jobs Reported

8

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

156367.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123602.06

Forgiveness Date

01/12/2023

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