Olson Machining, Inc.
$273,700 PPP Loan in Spring Grove, Illinois
Loan Details
- Loan Number
- 5672057004
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $273,700
- Current Approval
- $273,700
- Forgiveness Amount
- $275,271
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Olson Machining, Inc.
- Address
- 1804 Holian Dr
- City
- Spring Grove
- State
- Illinois
- ZIP Code
- 60081-7904
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $5.4M
- Rural/Urban
- Urban
- Congressional District
- IL-10
Loan Use Breakdown
- Payroll
- $273,700
Lender Information
- Servicing Lender
- American Community Bank & Trust
- Originating Lender
- American Community Bank & Trust
Other PPP Loans in Spring Grove, IL
| Business | Approved | |
|---|---|---|
| Scot Forge Company | $9,170,700 |  Research |
| Intermatic Incorporated | $2,780,200 | Research |
| Holian Insulation Company Inc. | $1,348,100 | Research |
| Midwest Arbor Corp. | $1,158,754 | Research |
| Sportdecals, Inc. | $833,020 | Research |
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