Machining & Welding by Olsen, Inc.
$289,538 PPP Loan in Cokato, Minnesota
Loan Details
- Loan Number
- 7240857003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $289,538
- Current Approval
- $289,538
- Forgiveness Amount
- $291,468
- Forgiveness Date
- Dec 10, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Machining & Welding by Olsen, Inc.
- Address
- 250 Olsen Blvd
- City
- Cokato
- State
- Minnesota
- ZIP Code
- 55321-9633
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (331210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.5M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $289,538
Lender Information
- Servicing Lender
- The First National Bank of Cokato
- Originating Lender
- The First National Bank of Cokato
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