Olson Power and Equipment, Inc.
$305,000 PPP Loan in North Branch, Minnesota
Loan Details
- Loan Number
- 9527547000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $305,000
- Current Approval
- $305,000
- Forgiveness Amount
- $307,281
- Forgiveness Date
- Jan 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Olson Power and Equipment, Inc.
- Address
- 38560 14th Ave Po Box 39
- City
- North Branch
- State
- Minnesota
- ZIP Code
- 55056-6084
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $7.4M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $305,000
Lender Information
- Servicing Lender
- Associated Bank, National Association
- Originating Lender
- Associated Bank, National Association
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