PPP Loan information for Olson motor repair, llc

$21,233

Olson motor repair, llc was initially approved for PPP Loan of amount $21,233, the current approved amount is $21,233. The loan was approved on 04/16/2020 by The First Alliance Credit Union reported 3 jobs and $21,233 was used to fund payroll.

Olson motor repair, llc is Existing or more than 2 years old

PPP Loan Search / MN / PINE ISLAND / Olson motor repair, llc

OLSON MOTOR REPAIR, LLC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON MOTOR REPAIR, LLC

Borrower Address

209 1st Ave NE

Borrower City

PINE ISLAND

Borrower State

MN

Borrower Zip

55963-0531

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21232.92

Current Approval Amount

21232.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99771

Servicing Lender Name

First Alliance Credit Union

Servicing Lender Address

320 Alliance Pl Northeast

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55906-4425

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINE ISLAND

Project County Name

GOODHUE

Project State

MN

Project Zip

55963-0531

CD

MN-01

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21232.92

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

Limited Liability Company(LLC)

Originating Lender Location Id

99771

Originating Lender

First Alliance Credit Union

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21414.42

Forgiveness Date

02/23/2021

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