Olson's Auto and Truck Repair INC
$68,250 PPP Loan in Lake Elmo, Minnesota
Loan Details
- Loan Number
- 8594517008
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $68,250
- Current Approval
- $68,250
- Forgiveness Amount
- $68,811
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Olson's Auto and Truck Repair INC
- Address
- 11179 Stillwater Blvd
- City
- Lake Elmo
- State
- Minnesota
- ZIP Code
- 55042-8471
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-04
Loan Use Breakdown
- Payroll
- $55,250
- Rent
- $12,000
- Utilities
- $1,000
Lender Information
- Servicing Lender
- Lake Elmo Bank
- Originating Lender
- Lake Elmo Bank
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