PPP Loan information for Olson electric, inc.

$115,725

Olson electric, inc. was initially approved for PPP Loan of amount $115,725, the current approved amount is $115,725. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 11 jobs and $115,725 was used to fund payroll.

Olson electric, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAWYER / Olson electric, inc.

OLSON ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLSON ELECTRIC, INC.

Borrower Address

6319 HARBERT ROAD SAWYER MI 49125

Borrower City

SAWYER

Borrower State

MI

Borrower Zip

49125

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115725.00

Current Approval Amount

115725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAWYER

Project County Name

BERRIEN

Project State

MI

Project Zip

49125-0001

CD

MI-05

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115725.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116776.17

Forgiveness Date

03/25/2021

;