Olympiatech Electrical Contractors INC

$1,990,000 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
7861077008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,990,000
Current Approval
$1,990,000
Forgiveness Amount
$2,011,917
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olympiatech Electrical Contractors INC
Address
13700 Water Tower Circle
ZIP Code
55441-3705
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$28.6M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$1,905,050
Rent
$36,760
Utilities
$5,500
Health Care
$42,690

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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