PPP Loan information for Olson funeral & cremation services, ltd

$224,000

Olson funeral & cremation services, ltd was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/10/2020 by The Blackhawk Bank reported 20 jobs and $224,000 was used to fund payroll.

Olson funeral & cremation services, ltd is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Olson funeral & cremation services, ltd

OLSON FUNERAL & CREMATION SERVICES, LTD

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OLSON FUNERAL & CREMATION SERVICES, LTD

Borrower Address

1001 2ND AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-2114

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-2114

CD

IL-17

Jobs Reported

20

NAICS Code

812210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

190000.00

Mortgage Interest Proceed

13000.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225468.44

Forgiveness Date

12/10/2020

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