PPP Loan information for Olson mfg, llc

$73,212

Olson mfg, llc was initially approved for PPP Loan of amount $73,212, the current approved amount is $73,212. The loan was approved on 04/29/2020 by The Arcadian Bank reported 5 jobs and $73,212 was used to fund payroll.

Olson mfg, llc is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Olson mfg, llc

OLSON MFG, LLC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON MFG, LLC

Borrower Address

620 S BROADWAY AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-4526

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73212.00

Current Approval Amount

73212.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-4526

CD

MN-01

Jobs Reported

5

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

72212.00

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

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73701.42

Forgiveness Date

01/08/2021

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