Olson Oil Co INC

$247,400 PPP Loan in Fergus Falls, Minnesota

Loan Details

Loan Number
9600988301
Date Approved
Jan 31, 2021
Loan Status
Paid in Full
Initial Approval
$247,400
Current Approval
$247,400
Forgiveness Amount
$249,544
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Olson Oil Co INC
Address
1425 W Lincoln Ave
ZIP Code
56537-1005
Business Type
Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$16.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$247,398
Utilities
$1

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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