Olson Construction/excavation and Utility Co., Inc.

$34,100 PPP Loan in Cologne, Minnesota

Loan Details

Loan Number
5246647001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$34,100
Current Approval
$34,100
Forgiveness Amount
$34,394
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olson Construction/excavation and Utility Co., Inc.
Address
6970 Inwood Rd
ZIP Code
55322-9167
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$28,985
Rent
$4,000
Utilities
$1,115

Lender Information

Servicing Lender
Citizens State Bank Norwood Young America
Originating Lender
Citizens State Bank Norwood Young America

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