PPP Loan information for Olsen fuel supply, inc

$185,257

Olsen fuel supply, inc was initially approved for PPP Loan of amount $185,257, the current approved amount is $185,257. The loan was approved on 04/10/2020 by The Rolling Hills Bank & Trust reported 44 jobs and $185,257 was used to fund payroll.

Olsen fuel supply, inc is Existing or more than 2 years old

PPP Loan Search / IA / ATLANTIC / Olsen fuel supply, inc

OLSEN FUEL SUPPLY, INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OLSEN FUEL SUPPLY, INC

Borrower Address

112 COMMERCE ST

Borrower City

ATLANTIC

Borrower State

IA

Borrower Zip

50022-1043

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185257.00

Current Approval Amount

185257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24550

Servicing Lender Name

Rolling Hills Bank & Trust

Servicing Lender Address

1307 E 7th St

Servicing Lender City

ATLANTIC

Servicing Lender State

IA

Servicing Lender Zip

50022-1904

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATLANTIC

Project County Name

CASS

Project State

IA

Project Zip

50022-1043

CD

IA-03

Jobs Reported

44

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8200.00

Payroll Proceed

169857.00

Mortgage Interest Proceed

7200.00

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

24550

Originating Lender

Rolling Hills Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

186277.18

Forgiveness Date

11/03/2020

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