PPP Loan information for Olsen's car care corner inc.

$154,634

Olsen's car care corner inc. was initially approved for PPP Loan of amount $154,634, the current approved amount is $154,634. The loan was approved on 04/07/2020 by The Rolling Hills Bank & Trust reported 19 jobs and $154,634 was used to fund payroll.

Olsen's car care corner inc. is Existing or more than 2 years old

PPP Loan Search / IA / ATLANTIC / Olsen's car care corner inc.

OLSEN'S CAR CARE CORNER INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OLSEN'S CAR CARE CORNER INC.

Borrower Address

2800 E 7TH ST

Borrower City

ATLANTIC

Borrower State

IA

Borrower Zip

50022-1957

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154634.00

Current Approval Amount

154634.00

Undisbursed Amount

0.00

Franchise Name

Polaris - Dealer Agreement

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTIC

Project County Name

CASS

Project State

IA

Project Zip

50022-1957

CD

IA-03

Jobs Reported

19

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4400.00

Payroll Proceed

140234.00

Mortgage Interest Proceed

10000.00

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

24550

Originating Lender

Rolling Hills Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

145612.76

Forgiveness Date

12/17/2020

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