# PPP loan: OLE OLSON TOWING AND RECOVERY
> **$215K** approved 04/06/2020 · Paid in Full · Loan `5845187007`
## Borrower
- **Name:** OLE OLSON TOWING AND RECOVERY
- **Address:** 420 41st ST SE, MINOT, ND, 58701-5132
- **NAICS:** 488410
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Jobs reported:** 18
## Lender
- **Originating:** First Western Bank & Trust
- **Servicing:** First Western Bank & Trust (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*