PPP Loan information for Olson carriers inc

$449,930

Olson carriers inc was initially approved for PPP Loan of amount $449,930, the current approved amount is $449,930. The loan was approved on 04/11/2020 by The Vermillion State Bank reported 38 jobs and $449,930 was used to fund payroll.

Olson carriers inc is Existing or more than 2 years old

PPP Loan Search / MN / ROSEMOUNT / Olson carriers inc

OLSON CARRIERS INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON CARRIERS INC

Borrower Address

15640 Clayton Ave E

Borrower City

ROSEMOUNT

Borrower State

MN

Borrower Zip

55068-2056

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449930.00

Current Approval Amount

449930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEMOUNT

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-2056

CD

MN-02

Jobs Reported

38

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1970.00

Payroll Proceed

382710.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23250.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452379.62

Forgiveness Date

11/03/2020

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