PPP Loan information for Farmers union oil co.

$175,185

Farmers union oil co. was initially approved for PPP Loan of amount $175,185, the current approved amount is $175,185. The loan was approved on 04/14/2020 by The TruCommunity Bank reported 19 jobs and $175,185 was used to fund payroll.

Farmers union oil co. is Existing or more than 2 years old

FARMERS UNION OIL CO.

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FARMERS UNION OIL CO.

Borrower Address

24 Railroad Ave E

Borrower City

TURTLE LAKE

Borrower State

ND

Borrower Zip

58575-0570

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175184.67

Current Approval Amount

175184.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52786

Servicing Lender Name

TruCommunity Bank

Servicing Lender Address

102 N Main St

Servicing Lender City

GARRISON

Servicing Lender State

ND

Servicing Lender Zip

58540

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TURTLE LAKE

Project County Name

MCLEAN

Project State

ND

Project Zip

58575-0570

CD

ND-

Jobs Reported

19

NAICS Code

424910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35036.94

Payroll Proceed

140147.73

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

52786

Originating Lender

TruCommunity Bank

Originating Lender City

GARRISON

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176312.57

Forgiveness Date

12/09/2020

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