PPP Loan information for Olson construction

$36,705

Olson construction was initially approved for PPP Loan of amount $36,705, the current approved amount is $36,705. The loan was approved on 04/15/2020 by The Northern State Bank of Thief River Falls reported 10 jobs and $36,705 was used to fund payroll.

Olson construction is Existing or more than 2 years old

OLSON CONSTRUCTION

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON CONSTRUCTION

Borrower Address

116 BELLEVILLE CT

Borrower City

THIEF RIVER FALLS

Borrower State

MN

Borrower Zip

56701-3301

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36705.00

Current Approval Amount

36705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38937

Servicing Lender Name

Northern State Bank of Thief River Falls

Servicing Lender Address

201 E 3rd St

Servicing Lender City

THIEF RIVER FALLS

Servicing Lender State

MN

Servicing Lender Zip

56701-2007

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THIEF RIVER FALLS

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701-3301

CD

MN-07

Jobs Reported

10

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9176.00

Payroll Proceed

27529.00

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

Sole Proprietorship

Originating Lender Location Id

38937

Originating Lender

Northern State Bank of Thief River Falls

Originating Lender City

THIEF RIVER FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36985.57

Forgiveness Date

01/20/2021

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