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Olson Electric, Inc.

$115,725 PPP Loan in Sawyer, Michigan

Loan Details

Loan Number
7803497105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$115,725
Current Approval
$115,725
Forgiveness Amount
$116,776
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olson Electric, Inc.
Address
6319 Harbert Road Sawyer Mi 49125
City
Sawyer
State
Michigan
ZIP Code
49125
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$115,725

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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