Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
OLSON OPTICAL INC.
Borrower Address
302 1st Ave S
Borrower City
Saint James
Borrower State
MN
Borrower Zip
56081-1724
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
43900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38355
Servicing Lender Name
Pioneer Bank
Servicing Lender Address
301 Main St NE
Servicing Lender City
MAPLETON
Servicing Lender State
Servicing Lender Zip
56065
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WATONWAN
Project State
Project Zip
CD
MN-01
Jobs Reported
4
NAICS Code
621320
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
43896.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
44075.60
Forgiveness Date
06/15/2021