Date Approved
04/28/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
OLSON UNDERGROUND INC.
Borrower Address
22593 US Hwy 75 NW
Borrower City
WARREN
Borrower State
MN
Borrower Zip
56762
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
75779.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
Servicing Lender Zip
55046-9626
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
MARSHALL
Project State
Project Zip
56762-0001
CD
MN-07
Jobs Reported
14
NAICS Code
237130
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
7577.90
Payroll Proceed
56834.25
Mortgage Interest Proceed
11366.85
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
76171.39
Forgiveness Date
11/12/2020