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 04/07/2020 by The Sturgis Bank & Trust Company reported 13 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

04/07/2020

SBA Office Code

0515

Processing Method

PPP

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

03/12/2021

Loan Status

Paid in Full

Term

24

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

13

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24470.00

Payroll Proceed

107160.00

Mortgage Interest Proceed

0.00

Rent Proceed

11250.00

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

144089.59

Forgiveness Date

02/11/2021

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