PPP Loan information for Olson explosives, inc

$529,762

Olson explosives, inc was initially approved for PPP Loan of amount $529,762, the current approved amount is $529,762. The loan was approved on 01/16/2021 by The Decorah Bank & Trust Company reported 33 jobs and $529,762 was used to fund payroll.

Olson explosives, inc is Existing or more than 2 years old

PPP Loan Search / IA / Decorah / Olson explosives, inc

OLSON EXPLOSIVES, INC

Date Approved

01/16/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

OLSON EXPLOSIVES, INC

Borrower Address

1837 Trout Run Rd

Borrower City

Decorah

Borrower State

IA

Borrower Zip

52101-7504

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

529762.00

Current Approval Amount

529762.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decorah

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52101-7504

CD

IA-02

Jobs Reported

33

NAICS Code

212322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

529760.00

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

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

531866.53

Forgiveness Date

06/15/2021

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