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 04/11/2020 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

M. E. OLSON CONSTRUCTION, INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

M. E. OLSON CONSTRUCTION, INC.

Borrower Address

601 SOUTH ROUT 83

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

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

60126-0001

CD

IL-06

Jobs Reported

8

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156370.00

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

157499.34

Forgiveness Date

01/07/2021

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