ARTHUR E. OLSEN CO INC (CT) - 2020 PPP Loan Borrower Profile (# 2192088300)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ARTHUR E. OLSEN CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Connecticut.
Loan Detail
Loan Number
2192088300
SBA Office Code
0156
Processing Method
PPS
Curent Loan Amount
$323,000
Date Loan was Approved
Jan 20, 2021
Amount Forgiven
$324,707.92
Date Loan was Forgiven
Aug 16, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
322,998
Lender
Ion Bank
Business Detail
Business Type
Corporation
NAICS
238990
Borrower Location
Southbury, CT
Project Location
Southbury, CT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
30
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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