PPP Loan information for Olivia machine shop, inc.

$63,300

Olivia machine shop, inc. was initially approved for PPP Loan of amount $63,300, the current approved amount is $63,300. The loan was approved on 04/10/2020 by The FM Bank reported 8 jobs and $63,300 was used to fund payroll.

Olivia machine shop, inc. is New Business or 2 years or less

PPP Loan Search / MN / OLIVIA / Olivia machine shop, inc.

OLIVIA MACHINE SHOP, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLIVIA MACHINE SHOP, INC.

Borrower Address

80067 US HIGHWAY 71

Borrower City

OLIVIA

Borrower State

MN

Borrower Zip

56277-2607

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63300.00

Current Approval Amount

63300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OLIVIA

Project County Name

RENVILLE

Project State

MN

Project Zip

56277-2607

CD

MN-07

Jobs Reported

8

NAICS Code

332322

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63300.00

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

64040.52

Forgiveness Date

06/22/2021

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