PPP Loan information for Reid olson

$20,833

Reid olson was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/23/2021 by The American Federal Bank reported 1 jobs and $20,833 was used to fund payroll.

Reid olson is Existing or more than 2 years old

REID OLSON

Date Approved

04/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

REID OLSON

Borrower Address

36195 390th St SE

Borrower City

Fosston

Borrower State

MN

Borrower Zip

56542-9366

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fosston

Project County Name

POLK

Project State

MN

Project Zip

56542-9366

CD

MN-07

Jobs Reported

1

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20827.00

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

Self-Employed Individuals

Originating Lender Location Id

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20910.55

Forgiveness Date

09/09/2021

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