Olson Carbide Inc.

$117,137 PPP Loan in Chesterfield, Michigan

Loan Details

Loan Number
3011037710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$117,137
Current Approval
$117,137
Forgiveness Amount
$118,253
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olson Carbide Inc.
Address
25225 Terra Industrial Dr
ZIP Code
48051
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$93,028
Rent
$7,032
Utilities
$2,453
Health Care
$12,171
Debt Interest
$2,453

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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