PPP Loan information for Olmstead construction inc.

$300,290

Olmstead construction inc. was initially approved for PPP Loan of amount $300,290, the current approved amount is $300,290. The loan was approved on 04/26/2021 by The Ohnward Bank & Trust reported 15 jobs and $300,290 was used to fund payroll.

Olmstead construction inc. is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Olmstead construction inc.

OLMSTEAD CONSTRUCTION INC.

Date Approved

04/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

OLMSTEAD CONSTRUCTION INC.

Borrower Address

651 58th Avenue Ct SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-4815

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300289.79

Current Approval Amount

300289.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52404-4815

CD

IA-02

Jobs Reported

15

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300287.79

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

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302412.39

Forgiveness Date

01/13/2022

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