PPP Loan information for Olson precast company

$1,957,983

Olson precast company was initially approved for PPP Loan of amount $1,957,983, the current approved amount is $1,957,983. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 105 jobs and $1,957,983 was used to fund payroll.

Olson precast company is New Business or 2 years or less

OLSON PRECAST COMPANY

Date Approved

04/15/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

OLSON PRECAST COMPANY

Borrower Address

2810 N NELLIS BLVD STE 100

Borrower City

LAS VEGAS

Borrower State

NV

Borrower Zip

89115-3411

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1957983.00

Current Approval Amount

1957983.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LAS VEGAS

Project County Name

CLARK

Project State

NV

Project Zip

89115-3411

CD

NV-04

Jobs Reported

105

NAICS Code

327390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1957983.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1976543.61

Forgiveness Date

03/31/2021

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