PPP Loan information for Farmers union oil company of westhope-souris-bottineau

$502,000

Farmers union oil company of westhope-souris-bottineau was initially approved for PPP Loan of amount $502,000, the current approved amount is $502,000. The loan was approved on 04/06/2020 by The Peoples State Bank reported 55 jobs and $502,000 was used to fund payroll.

Farmers union oil company of westhope-souris-bottineau is Existing or more than 2 years old

FARMERS UNION OIL COMPANY OF WESTHOPE-SOURIS-BOTTINEAU

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FARMERS UNION OIL COMPANY OF WESTHOPE-SOURIS-BOTTINEAU

Borrower Address

25 Railway Ave E

Borrower City

WESTHOPE

Borrower State

ND

Borrower Zip

58793-4009

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

502000.00

Current Approval Amount

502000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52986

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

110 Main St

Servicing Lender City

WESTHOPE

Servicing Lender State

ND

Servicing Lender Zip

58793

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTHOPE

Project County Name

BOTTINEAU

Project State

ND

Project Zip

58793-4009

CD

ND-

Jobs Reported

55

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

452000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52986

Originating Lender

Peoples State Bank

Originating Lender City

WESTHOPE

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494911.56

Forgiveness Date

11/17/2020

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