Olson Farms, Inc.

$153,600 PPP Loan in West Amherst, New York

Loan Details

Loan Number
9062567103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$153,600
Current Approval
$153,600
Forgiveness Amount
$154,715
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Olson Farms, Inc.
Address
1941 Tonawanda Creek Rd
ZIP Code
14228
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424930)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$122,100
Utilities
$9,500
Health Care
$5,000
Mortgage Interest
$12,000
Debt Interest
$5,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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