PPP Loan information for Olympiatech electrical contractors inc

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLYMPIATECH ELECTRICAL CONTRACTORS INC

Borrower Address

13700 Water Tower Circle

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55441-3705

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1990000.00

Current Approval Amount

1990000.00

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

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-3705

CD

MN-03

Jobs Reported

87

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5500.00

Payroll Proceed

1905050.00

Mortgage Interest Proceed

0.00

Rent Proceed

36760.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42690.00

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

2011917.26

Forgiveness Date

05/21/2021