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
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

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