PPP borrower record
OLSON & SONS ELECTRIC, INC PPP loan record
Public SBA PPP loan record for OLSON & SONS ELECTRIC, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$192,000
Approved amount
$193,872
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
OLSON & SONS ELECTRIC, INC
Loan number
6094137006
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Monticello
Borrower state
Minnesota
Borrower ZIP
55362
Jobs reported
13
Loan status
Paid in Full
Forgiveness date
2021-03-31
Servicing lender
First Bank Elk River
Originating lender
First Bank Elk River
Reported use of proceeds
Payroll
$144,000
Rent
$38,400
Utilities
$9,600
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.