Olson's Sewer Service, INC
$377,500 PPP Loan in Forest Lake, Minnesota
Loan Details
- Loan Number
- 6124217204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $377,500
- Current Approval
- $377,500
- Forgiveness Amount
- $381,233
- Forgiveness Date
- Apr 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Olson's Sewer Service, INC
- Address
- 17638 Lyons St NE
- City
- Forest Lake
- State
- Minnesota
- ZIP Code
- 55025-8854
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (237110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $7.4M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $302,000
- Rent
- $60,000
- Utilities
- $15,500
Lender Information
- Servicing Lender
- First State Bank of Wyoming
- Originating Lender
- First State Bank of Wyoming
Other PPP Loans in Forest Lake, MN
| Business | Approved | |
|---|---|---|
| Newteam, LLC | $4,304,800 | |
| Vinco INC | $2,817,837 | |
| City View Electric Inc. | $1,978,900 | |
| North Pine Aggregate INC | $1,403,700 | |
| Wilcox Automotive LLC | $1,339,365 |
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