PPP Loan information for Olsen motorsports, inc.

$81,780

Olsen motorsports, inc. was initially approved for PPP Loan of amount $81,780, the current approved amount is $81,780. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 6 jobs and $81,780 was used to fund payroll.

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

PPP Loan Search / IL / DOWNERS GROVE / Olsen motorsports, inc.

OLSEN MOTORSPORTS, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OLSEN MOTORSPORTS, INC.

Borrower Address

2300 WISCONSIN AVE STE 226

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81780.00

Current Approval Amount

81780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-0001

CD

IL-06

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81780.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82972.62

Forgiveness Date

10/06/2021

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