# PPP loan: RON OLSON CONSTRUCTION LLC
> **$165K** approved 04/05/2020 · Paid in Full · Loan `5276037007`
## Borrower
- **Name:** RON OLSON CONSTRUCTION LLC
- **Address:** 6970 INWOOD RD, COLOGNE, MN, 55322-9167
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $8K
- **Utilities:** $2K
- **Jobs reported:** 10
## Lender
- **Originating:** Citizens State Bank Norwood Young America
- **Servicing:** Citizens State Bank Norwood Young America (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*