PPP Loan information for Olson brothers contractors inc

$142,880

Olson brothers contractors inc was initially approved for PPP Loan of amount $142,880, the current approved amount is $142,880. The loan was approved on 01/20/2021 by The Sturgis Bank & Trust Company reported 12 jobs and $142,880 was used to fund payroll.

Olson brothers contractors inc is Existing or more than 2 years old

OLSON BROTHERS CONTRACTORS INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OLSON BROTHERS CONTRACTORS INC

Borrower Address

829 Chambers St

Borrower City

South Haven

Borrower State

MI

Borrower Zip

49090-1880

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142880.00

Current Approval Amount

142880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Haven

Project County Name

VAN BUREN

Project State

MI

Project Zip

49090-1880

CD

MI-04

Jobs Reported

12

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

142878.00

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143463.26

Forgiveness Date

06/25/2021

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