PPP Loan information for Olson funeral service, inc.

$116,000

Olson funeral service, inc. was initially approved for PPP Loan of amount $116,000, the current approved amount is $116,000. The loan was approved on 04/05/2020 by The FM Bank reported 14 jobs and $116,000 was used to fund payroll.

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

PPP Loan Search / MN / FERGUS FALLS / Olson funeral service, inc.

OLSON FUNERAL SERVICE, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON FUNERAL SERVICE, INC.

Borrower Address

711 PEBBLE LAKE RD

Borrower City

FERGUS FALLS

Borrower State

MN

Borrower Zip

56537-3101

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116000.00

Current Approval Amount

116000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERGUS FALLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-3101

CD

MN-07

Jobs Reported

14

NAICS Code

812210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

116000.00

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116638.79

Forgiveness Date

11/03/2020

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