Olsen Chain & Cable, Inc.

$608,479 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
7188597010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$608,479
Current Approval
$608,479
Forgiveness Amount
$612,554
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olsen Chain & Cable, Inc.
Address
7225 Washington Ave
ZIP Code
55439-2403
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$11.0M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$608,479

Lender Information

Servicing Lender
The First National Bank of Cokato
Originating Lender
The First National Bank of Cokato

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