Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
OLSON AUCTION & REAL ESTATE SERVICES LLC
Borrower Address
119 3RD ST N
Borrower City
BENSON
Borrower State
MN
Borrower Zip
56215-1464
Loan Status Date
03/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
30905.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
78088
Servicing Lender Name
RiverWood Bank
Servicing Lender Address
14540 Dellwood Dr
Servicing Lender City
BAXTER
Servicing Lender State
Servicing Lender Zip
56425-9744
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SWIFT
Project State
Project Zip
CD
MN-07
Jobs Reported
4
NAICS Code
531210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
31131.64
Forgiveness Date
01/07/2021