PPP Loan information for Olympiatech electrical contractors inc
$1,950,000
Olympiatech electrical contractors inc was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 01/21/2021 by The MidCountry Bank reported 84 jobs and $1,950,000 was used to fund payroll.
Olympiatech electrical contractors inc is Existing or more than 2 years old
OLYMPIATECH ELECTRICAL CONTRACTORS INC
Date Approved
01/21/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
OLYMPIATECH ELECTRICAL CONTRACTORS INC
Borrower Address
13700 Water Tower Cir
Borrower City
Plymouth
Borrower State
MN
Borrower Zip
55441-3714
Loan Status Date
10/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1950000.00
Current Approval Amount
1950000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
80291
Servicing Lender Name
MidCountry Bank
Servicing Lender Address
7825 Washington Ave South, Ste 120
Servicing Lender City
BLOOMINGTON
Servicing Lender State
MN
Servicing Lender Zip
55439-2431
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Plymouth
Project County Name
HENNEPIN
Project State
MN
Project Zip
55441-3714
CD
MN-03
Jobs Reported
84
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1949995.00
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
Limited Liability Company(LLC)
Originating Lender Location Id
80291
Originating Lender
MidCountry Bank
Originating Lender City
BLOOMINGTON
Originating Lender State
MN
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1961913.70
Forgiveness Date
09/09/2021