PPP Loan information for Loren olson

$20,833

Loren olson was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/12/2021 by The Security Bank & Trust Company reported 1 jobs and $20,833 was used to fund payroll.

Loren olson is Existing or more than 2 years old

LOREN OLSON

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOREN OLSON

Borrower Address

15479 County Road 7

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-6906

Loan Status Date

07/15/2021

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

38117

Servicing Lender Name

Security Bank & Trust Company

Servicing Lender Address

735 11th St E

Servicing Lender City

GLENCOE

Servicing Lender State

MN

Servicing Lender Zip

55336-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-6906

CD

MN-07

Jobs Reported

1

NAICS Code

112120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

Sole Proprietorship

Originating Lender Location Id

38117

Originating Lender

Security Bank & Trust Company

Originating Lender City

GLENCOE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20897.81

Forgiveness Date

06/15/2021

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