Date Approved
04/30/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MICHAEL B OLSON
Borrower Address
108 East 8th Ave
Borrower City
Osakis
Borrower State
MN
Borrower Zip
56360
Loan Status Date
05/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DOUGLAS
Project State
Project Zip
56360-0001
CD
MN-07
Jobs Reported
1
NAICS Code
424910
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Self-Employed Individuals
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1514.67
Forgiveness Date
04/30/2021