PPP Loan information for Olson's auto and truck repair inc

$68,250

Olson's auto and truck repair inc was initially approved for PPP Loan of amount $68,250, the current approved amount is $68,250. The loan was approved on 04/08/2020 by The Lake Elmo Bank reported 5 jobs and $68,250 was used to fund payroll.

Olson's auto and truck repair inc is Existing or more than 2 years old

PPP Loan Search / MN / LAKE ELMO / Olson's auto and truck repair inc

OLSON'S AUTO AND TRUCK REPAIR INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON'S AUTO AND TRUCK REPAIR INC

Borrower Address

11179 STILLWATER BLVD

Borrower City

LAKE ELMO

Borrower State

MN

Borrower Zip

55042-8471

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68250.00

Current Approval Amount

68250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ELMO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-8471

CD

MN-04

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

55250.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

68810.96

Forgiveness Date

02/11/2021

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