PPP Loan information for Olsons body shop & salvage inc.

$35,414

Olsons body shop & salvage inc. was initially approved for PPP Loan of amount $35,414, the current approved amount is $35,414. The loan was approved on 02/04/2021 by The Security State Bank of Hibbing reported 7 jobs and $35,414 was used to fund payroll.

Olsons body shop & salvage inc. is Existing or more than 2 years old

OLSONS BODY SHOP & SALVAGE INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OLSONS BODY SHOP & SALVAGE INC.

Borrower Address

34833 County Road 571

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-4580

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35414.47

Current Approval Amount

35414.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

ITASCA

Project State

MN

Project Zip

55746-4580

CD

MN-08

Jobs Reported

7

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

35413.47

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

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35710.40

Forgiveness Date

12/07/2021

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