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

PPP Loan Search / MN / Plymouth / Olympiatech electrical contractors inc

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

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