PPP Loan information for Olco inc

$480,000

Olco inc was initially approved for PPP Loan of amount $480,000, the current approved amount is $480,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 40 jobs and $480,000 was used to fund payroll.

Olco inc is Existing or more than 2 years old

PPP Loan Search / IN / BATESVILLE / Olco inc

OLCO INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

OLCO INC

Borrower Address

24053 VOTE RD

Borrower City

BATESVILLE

Borrower State

IN

Borrower Zip

47006

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480000.00

Current Approval Amount

480000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATESVILLE

Project County Name

FRANKLIN

Project State

IN

Project Zip

47006-0001

CD

IN-09

Jobs Reported

40

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

480000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

483306.67

Forgiveness Date

12/28/2020

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