Olson Carriers INC

$449,930 PPP Loan in Rosemount, Minnesota

Loan Details

Loan Number
3153897106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$449,930
Current Approval
$449,930
Forgiveness Amount
$452,380
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Olson Carriers INC
Address
15640 Clayton Ave E
ZIP Code
55068-2056
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$382,710
Rent
$42,000
Utilities
$1,970
Health Care
$23,250

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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