PPP Loan information for Olsen-beal associates

$1,842,557

Olsen-beal associates was initially approved for PPP Loan of amount $1,842,557, the current approved amount is $1,842,557. The loan was approved on 02/08/2021 by The Deerwood Bank reported 75 jobs and $1,842,557 was used to fund payroll.

Olsen-beal associates is Existing or more than 2 years old

OLSEN-BEAL ASSOCIATES

Date Approved

02/08/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

OLSEN-BEAL ASSOCIATES

Borrower Address

1490 W 200 S

Borrower City

Lindon

Borrower State

UT

Borrower Zip

84042-1609

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1842557.00

Current Approval Amount

1842557.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lindon

Project County Name

UTAH

Project State

UT

Project Zip

84042-1609

CD

UT-03

Jobs Reported

75

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1842553.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1865179.51

Forgiveness Date

05/05/2022

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