PPP Loan information for Olsen electric, inc.

$6,500

Olsen electric, inc. was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 06/15/2020 by The State Savings Bank reported 1 jobs and $6,500 was used to fund payroll.

Olsen electric, inc. is Existing or more than 2 years old

OLSEN ELECTRIC, INC.

Date Approved

06/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLSEN ELECTRIC, INC.

Borrower Address

1227 Hall St.

Borrower City

FRANKFORT

Borrower State

MI

Borrower Zip

49635-9420

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

BENZIE

Project State

MI

Project Zip

49635-9420

CD

MI-01

Jobs Reported

1

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6500.00

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

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6546.84

Forgiveness Date

03/15/2021

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