PPP Loan information for Timothy olson

$43,618

Timothy olson was initially approved for PPP Loan of amount $43,618, the current approved amount is $43,618. The loan was approved on 03/12/2021 by The Members Cooperative CU reported 2 jobs and $43,618 was used to fund payroll.

Timothy olson is Existing or more than 2 years old

TIMOTHY OLSON

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TIMOTHY OLSON

Borrower Address

1195 Isleview Rd

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-9644

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43617.93

Current Approval Amount

43617.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99625

Servicing Lender Name

Members Cooperative CU

Servicing Lender Address

4628 Mike Colalillo Dr

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-9644

CD

MN-08

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

43613.93

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

Limited Liability Company(LLC)

Originating Lender Location Id

99625

Originating Lender

Members Cooperative CU

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44088.03

Forgiveness Date

04/11/2022

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