PPP Loan information for Olson's furniture store inc

$26,500

Olson's furniture store inc was initially approved for PPP Loan of amount $26,500, the current approved amount is $26,500. The loan was approved on 04/14/2020 by The Bell Bank reported 5 jobs and $26,500 was used to fund payroll.

Olson's furniture store inc is Existing or more than 2 years old

OLSON'S FURNITURE STORE INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLSON'S FURNITURE STORE INC

Borrower Address

118 W LINCOLN AVE

Borrower City

FERGUS FALLS

Borrower State

MN

Borrower Zip

56537-2123

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26500.00

Current Approval Amount

26500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERGUS FALLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-2123

CD

MN-07

Jobs Reported

5

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26500.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21623.03

Forgiveness Date

11/19/2020

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