PPP Loan information for Olson fabrication, inc

$339,700

Olson fabrication, inc was initially approved for PPP Loan of amount $339,700, the current approved amount is $339,700. The loan was approved on 04/03/2020 by The Bank of Luxemburg reported 32 jobs and $339,700 was used to fund payroll.

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

PPP Loan Search / WI / ALGOMA / Olson fabrication, inc

OLSON FABRICATION, INC

Date Approved

04/03/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OLSON FABRICATION, INC

Borrower Address

1101 Perry Street

Borrower City

ALGOMA

Borrower State

WI

Borrower Zip

54201-1635

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339700.00

Current Approval Amount

339700.00

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

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27000.00

Payroll Proceed

276000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

11000

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

342049.59

Forgiveness Date

12/23/2020

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