Stern Oil Company INC
$814,000 PPP Loan in Freeman, South Dakota
Loan Details
- Loan Number
- 4482667004
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $814,000
- Current Approval
- $814,000
- Forgiveness Amount
- $820,869
- Forgiveness Date
- Feb 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stern Oil Company INC
- Address
- 27923 US Hwy 81
- City
- Freeman
- State
- South Dakota
- ZIP Code
- 57029-6741
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424720)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 94
- Estimated Revenue
- $24.2M
- Rural/Urban
- Rural
- Congressional District
- SD-
Loan Use Breakdown
- Payroll
- $700,000
- Rent
- $10,000
- Utilities
- $24,000
- Health Care
- $80,000
Lender Information
- Servicing Lender
- The First National Bank in Sioux Falls
- Originating Lender
- The First National Bank in Sioux Falls
Other PPP Loans in Freeman, SD
| Business | Approved | |
|---|---|---|
| Freeman Regional Health Services | $1,251,745 | |
| Stern Oil Company INC | $860,939 | |
| Jason Aanenson DDS PC | $257,500 | |
| Freeman Junior Colleg & Freeman Academy | $252,600 | |
| Jeff Schultz | $241,783 |
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