Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
OLSON CEMENT WORK INC.
Borrower Address
5610 Wellington
Borrower City
Dearborn Heights
Borrower State
MI
Borrower Zip
48125-1236
Loan Status Date
05/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
198300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24037
Servicing Lender Name
First Merchants Bank
Servicing Lender Address
200 E Jackson St
Servicing Lender City
MUNCIE
Servicing Lender State
IN
Servicing Lender Zip
47305-2835
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
46
NAICS Code
238110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
200049.39
Forgiveness Date
03/22/2021