AXEL OLSON (SD) - 2020 PPP Loan Borrower Profile (# 7792928604)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AXEL OLSON. 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 South Dakota.

Loan Detail

Loan Number

7792928604

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$5,432

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$5,457.95

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

5,430

Lender

Quoin Financial Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

112111

Borrower Location

Fort Thompson, SD

Project Location

Fort Thompson, SD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.