PPP Loan information for Farmers union oil company of minot

$1,579,200

Farmers union oil company of minot was initially approved for PPP Loan of amount $1,579,200, the current approved amount is $1,579,200. The loan was approved on 04/03/2020 by The First Western Bank & Trust reported 191 jobs and $1,579,200 was used to fund payroll.

Farmers union oil company of minot is Existing or more than 2 years old

FARMERS UNION OIL COMPANY OF MINOT

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FARMERS UNION OIL COMPANY OF MINOT

Borrower Address

205 46th Ave NE

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-0414

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1579200.00

Current Approval Amount

1579200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-0414

CD

ND-

Jobs Reported

191

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1579200.00

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

Corporation

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1588850.67

Forgiveness Date

11/20/2020

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