PPP Loan information for Olson electric inc.

$2,290

Olson electric inc. was initially approved for PPP Loan of amount $2,290, the current approved amount is $2,290. The loan was approved on 01/27/2021 by The Merchants Bank, National Association reported 1 jobs and $2,290 was used to fund payroll.

Olson electric inc. is Existing or more than 2 years old

OLSON ELECTRIC INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON ELECTRIC INC.

Borrower Address

472 W 5th St

Borrower City

Winona

Borrower State

MN

Borrower Zip

55987-5230

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2290.00

Current Approval Amount

2290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winona

Project County Name

WINONA

Project State

MN

Project Zip

55987-5230

CD

MN-01

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2290.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2298.46

Forgiveness Date

06/15/2021

;