PPP Loan information for Olson tire & auto services, inc.

$200,000

Olson tire & auto services, inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/09/2020 by The The Portage County Bank reported 20 jobs and $200,000 was used to fund payroll.

Olson tire & auto services, inc. is Existing or more than 2 years old

OLSON TIRE & AUTO SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OLSON TIRE & AUTO SERVICES, INC.

Borrower Address

601 FOREST ST

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54403-5524

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75545

Servicing Lender Name

The Portage County Bank

Servicing Lender Address

1155 County Rd D

Servicing Lender City

ALMOND

Servicing Lender State

WI

Servicing Lender Zip

54909-9777

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54403-5524

CD

WI-07

Jobs Reported

20

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

20000.00

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

75545

Originating Lender

The Portage County Bank

Originating Lender City

ALMOND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201511.11

Forgiveness Date

01/14/2021

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