PPP Loan information for Olson power and equipment, inc.

$305,000

Olson power and equipment, inc. was initially approved for PPP Loan of amount $305,000, the current approved amount is $305,000. The loan was approved on 04/09/2020 by The Associated Bank, National Association reported 24 jobs and $305,000 was used to fund payroll.

Olson power and equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NORTH BRANCH / Olson power and equipment, inc.

OLSON POWER AND EQUIPMENT, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON POWER AND EQUIPMENT, INC.

Borrower Address

38560 14TH AVE PO BOX 39

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-6084

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305000.00

Current Approval Amount

305000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75939

Servicing Lender Name

Associated Bank, National Association

Servicing Lender Address

200 N Adams St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-5142

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-6084

CD

MN-08

Jobs Reported

24

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

305000.00

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

Corporation

Originating Lender Location Id

75939

Originating Lender

Associated Bank, National Association

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

307281.23

Forgiveness Date

01/14/2021

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