PPP Loan information for Michael olson

$2,699

Michael olson was initially approved for PPP Loan of amount $2,699, the current approved amount is $2,699. The loan was approved on 03/20/2021 by The Magnifi Financial CU reported 1 jobs and $2,699 was used to fund payroll.

Michael olson is Existing or more than 2 years old

MICHAEL OLSON

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAEL OLSON

Borrower Address

701 7th Ave NE

Borrower City

Little Falls

Borrower State

MN

Borrower Zip

56345-2348

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2699.00

Current Approval Amount

2699.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

MORRISON

Project State

MN

Project Zip

56345-2348

CD

MN-07

Jobs Reported

1

NAICS Code

561740

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2699.00

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

Sole Proprietorship

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2713.49

Forgiveness Date

10/08/2021

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