PPP Loan information for Olesen auto center inc

$46,403

Olesen auto center inc was initially approved for PPP Loan of amount $46,403, the current approved amount is $46,403. The loan was approved on 02/05/2021 by The Midstates Bank, National Association reported 6 jobs and $46,403 was used to fund payroll.

Olesen auto center inc is Existing or more than 2 years old

OLESEN AUTO CENTER INC

Date Approved

02/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

OLESEN AUTO CENTER INC

Borrower Address

126 N Elm St

Borrower City

Avoca

Borrower State

IA

Borrower Zip

51521-3510

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46402.85

Current Approval Amount

46402.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25068

Servicing Lender Name

Midstates Bank, National Association

Servicing Lender Address

1851 Madison Ave, Ste 732

Servicing Lender City

COUNCIL BLUFFS

Servicing Lender State

IA

Servicing Lender Zip

51503-3602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Avoca

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51521-3510

CD

IA-04

Jobs Reported

6

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46401.85

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

Corporation

Originating Lender Location Id

25068

Originating Lender

Midstates Bank, National Association

Originating Lender City

COUNCIL BLUFFS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46562.68

Forgiveness Date

06/15/2021

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