Olsen's Car Care Corner Inc.

$154,634 PPP Loan in Atlantic, Iowa

Loan Details

Loan Number
7384577001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$154,634
Current Approval
$154,634
Forgiveness Amount
$155,695
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olsen's Car Care Corner Inc.
Address
2800 E 7th St
State
Iowa
ZIP Code
50022-1957
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Franchise
Polaris - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$140,234
Utilities
$4,400
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Rolling Hills Bank & Trust
Originating Lender
Rolling Hills Bank & Trust

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