# PPP loan: OLESON'S FOODS, INC.
> **$1.37M** approved 07/28/2020 · Paid in Full · Loan `9431868102`
## Borrower
- **Name:** OLESON'S FOODS, INC.
- **Address:** 3850 N. Long Lake Rd., TRAVERSE CITY, MI, 49684-9601
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (100%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 236
## Lender
- **Originating:** State Savings Bank
- **Servicing:** State Savings Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*