PPP Loan information for Olsen commercial real estate corporation

$12,500

Olsen commercial real estate corporation was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 06/25/2020 by The Lake Elmo Bank reported 1 jobs and $12,500 was used to fund payroll.

Olsen commercial real estate corporation is Existing or more than 2 years old

PPP Loan Search / MN / LAKE ELMO / Olsen commercial real estate corporation

OLSEN COMMERCIAL REAL ESTATE CORPORATION

Date Approved

06/25/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSEN COMMERCIAL REAL ESTATE CORPORATION

Borrower Address

3536 KELVIN CT N

Borrower City

LAKE ELMO

Borrower State

MN

Borrower Zip

55042-8479

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ELMO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-8479

CD

MN-04

Jobs Reported

1

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

11500.00

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

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12576.03

Forgiveness Date

02/09/2021

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