PPP Loan information for Oleson's foods, inc.

$1,374,300

Oleson's foods, inc. was initially approved for PPP Loan of amount $1,374,300, the current approved amount is $1,374,300. The loan was approved on 07/28/2020 by The State Savings Bank reported 236 jobs and $1,374,300 was used to fund payroll.

Oleson's foods, inc. is Existing or more than 2 years old

OLESON'S FOODS, INC.

Date Approved

07/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLESON'S FOODS, INC.

Borrower Address

3850 N. Long Lake Rd.

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49684-9601

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1374300.00

Current Approval Amount

1374300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-9601

CD

MI-01

Jobs Reported

236

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1374300.00

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

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1380361.98

Forgiveness Date

01/14/2021

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