PPP Loan information for Ole's manufacturing & distributing inc

$37,625

Ole's manufacturing & distributing inc was initially approved for PPP Loan of amount $37,625, the current approved amount is $37,625. The loan was approved on 01/16/2021 by The Community Savings Bank reported 4 jobs and $37,625 was used to fund payroll.

Ole's manufacturing & distributing inc is Existing or more than 2 years old

PPP Loan Search / IA / Guttenberg / Ole's manufacturing & distributing inc

OLE'S MANUFACTURING & DISTRIBUTING INC

Date Approved

01/16/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

OLE'S MANUFACTURING & DISTRIBUTING INC

Borrower Address

431 S Highway 52 Ste 1

Borrower City

Guttenberg

Borrower State

IA

Borrower Zip

52052-9361

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37625.00

Current Approval Amount

37625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24953

Servicing Lender Name

Community Savings Bank

Servicing Lender Address

101 E Union St

Servicing Lender City

EDGEWOOD

Servicing Lender State

IA

Servicing Lender Zip

52042-8194

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Guttenberg

Project County Name

CLAYTON

Project State

IA

Project Zip

52052-9361

CD

IA-02

Jobs Reported

4

NAICS Code

425110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37623.00

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

24953

Originating Lender

Community Savings Bank

Originating Lender City

EDGEWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

37819.83

Forgiveness Date

08/02/2021

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