PPP Loan information for Olson fabrication inc.

$345,200

Olson fabrication inc. was initially approved for PPP Loan of amount $345,200, the current approved amount is $345,200. The loan was approved on 02/05/2021 by The Bank of Luxemburg reported 32 jobs and $345,200 was used to fund payroll.

Olson fabrication inc. is Existing or more than 2 years old

OLSON FABRICATION INC.

Date Approved

02/05/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

OLSON FABRICATION INC.

Borrower Address

1101 Perry St

Borrower City

Algoma

Borrower State

WI

Borrower Zip

54201-1635

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

345200.00

Current Approval Amount

345200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76122

Servicing Lender Name

Bank of Luxemburg

Servicing Lender Address

630 Main St

Servicing Lender City

LUXEMBURG

Servicing Lender State

WI

Servicing Lender Zip

54217-1114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Algoma

Project County Name

KEWAUNEE

Project State

WI

Project Zip

54201-1635

CD

WI-08

Jobs Reported

32

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

345197.00

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

Subchapter S Corporation

Originating Lender Location Id

76122

Originating Lender

Bank of Luxemburg

Originating Lender City

LUXEMBURG

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

347462.98

Forgiveness Date

10/06/2021

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