PPP Loan information for Olson auctions inc

$47,556

Olson auctions inc was initially approved for PPP Loan of amount $47,556, the current approved amount is $47,556. The loan was approved on 03/27/2021 by The Alliance Bank reported 25 jobs and $47,556 was used to fund payroll.

Olson auctions inc is Existing or more than 2 years old

OLSON AUCTIONS INC

Date Approved

03/27/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

OLSON AUCTIONS INC

Borrower Address

259 S 700 W

Borrower City

Winamac

Borrower State

IN

Borrower Zip

46996-8395

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47556.25

Current Approval Amount

47556.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23147

Servicing Lender Name

Alliance Bank

Servicing Lender Address

101 W Montgomery St

Servicing Lender City

FRANCESVILLE

Servicing Lender State

IN

Servicing Lender Zip

47946

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winamac

Project County Name

PULASKI

Project State

IN

Project Zip

46996-8395

CD

IN-02

Jobs Reported

25

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47556.25

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

Subchapter S Corporation

Originating Lender Location Id

23147

Originating Lender

Alliance Bank

Originating Lender City

FRANCESVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47897.61

Forgiveness Date

12/22/2021

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