Date Approved
02/27/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
RP OLSON ELECTRIC INC.
Borrower Address
514 W Jacker Ave
Borrower City
Houghton
Borrower State
MI
Borrower Zip
49931-2352
Loan Status Date
Loan Status
Exemption 4
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
14802.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
499141
Servicing Lender Name
Readycap Lending, LLC
Servicing Lender Address
200 Connell Drive Suite 4000
Servicing Lender City
BERKELEY HEIGHTS
Servicing Lender State
NJ
Servicing Lender Zip
07922
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HOUGHTON
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
453998
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
14800.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date