PPP Loan information for Olson oil co

$1,492,200

Olson oil co was initially approved for PPP Loan of amount $1,492,200, the current approved amount is $1,492,200. The loan was approved on 01/22/2021 by The First Bank & Trust reported 226 jobs and $1,492,200 was used to fund payroll.

Olson oil co is Existing or more than 2 years old

PPP Loan Search / SD / Sioux Falls / Olson oil co

OLSON OIL CO

Date Approved

01/22/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

OLSON OIL CO

Borrower Address

951 S Marion Rd

Borrower City

Sioux Falls

Borrower State

SD

Borrower Zip

57106-0238

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1492200.00

Current Approval Amount

1492200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sioux Falls

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57106-0238

CD

SD-

Jobs Reported

226

NAICS Code

447190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1492200.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1501277.55

Forgiveness Date

09/07/2021

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