PPP Loan information for Olson technologies inc

$553,800

Olson technologies inc was initially approved for PPP Loan of amount $553,800, the current approved amount is $553,800. The loan was approved on 04/09/2020 by The Peoples Security Bank and Trust Company reported 32 jobs and $553,800 was used to fund payroll.

Olson technologies inc is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Olson technologies inc

OLSON TECHNOLOGIES INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

OLSON TECHNOLOGIES INC

Borrower Address

160 w west st

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18102

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

553800.00

Current Approval Amount

553800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18102-1001

CD

PA-07

Jobs Reported

32

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

553800.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

558107.33

Forgiveness Date

01/25/2021

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