PPP Loan information for Lignite oil company

$215,625

Lignite oil company was initially approved for PPP Loan of amount $215,625, the current approved amount is $215,625. The loan was approved on 01/31/2021 by The Dacotah Bank reported 15 jobs and $215,625 was used to fund payroll.

Lignite oil company is Existing or more than 2 years old

PPP Loan Search / ND / Lignite / Lignite oil company

LIGNITE OIL COMPANY

Date Approved

01/31/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

LIGNITE OIL COMPANY

Borrower Address

8487 101st St NW

Borrower City

Lignite

Borrower State

ND

Borrower Zip

58752-9628

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215625.00

Current Approval Amount

215625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lignite

Project County Name

BURKE

Project State

ND

Project Zip

58752-9628

CD

ND-

Jobs Reported

15

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

215625.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216469.53

Forgiveness Date

06/23/2021

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