PPP Loan information for Olsen diesel, inc

$268,600

Olsen diesel, inc was initially approved for PPP Loan of amount $268,600, the current approved amount is $268,600. The loan was approved on 04/07/2020 by The Pioneer Bank reported 24 jobs and $268,600 was used to fund payroll.

Olsen diesel, inc is Existing or more than 2 years old

OLSEN DIESEL, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSEN DIESEL, INC

Borrower Address

74561 351ST ST

Borrower City

SAINT JAMES

Borrower State

MN

Borrower Zip

56081-5659

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268600.00

Current Approval Amount

268600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JAMES

Project County Name

WATONWAN

Project State

MN

Project Zip

56081-5659

CD

MN-01

Jobs Reported

24

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

268600.00

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

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

272144.03

Forgiveness Date

08/04/2021

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