PPP borrower record
MACHINING & WELDING BY OLSEN, INC. PPP loan record
Public SBA PPP loan record for MACHINING & WELDING BY OLSEN, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$289,538
Approved amount
$291,468
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
MACHINING & WELDING BY OLSEN, INC.
Loan number
7240857003
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Cokato
Borrower state
Minnesota
Borrower ZIP
55321
Jobs reported
25
Loan status
Paid in Full
Forgiveness date
2020-12-10
Servicing lender
The First National Bank of Cokato
Originating lender
The First National Bank of Cokato
Reported use of proceeds
Payroll
$289,538
Rent
N/A
Utilities
N/A
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.