Farmers Union Oil Company of Kenmare

$1,025,100 PPP Loan in Kenmare, North Dakota

Loan Details

Loan Number
5626257102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,025,100
Current Approval
$1,025,100
Forgiveness Amount
$700,279
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Union Oil Company of Kenmare
Address
Po Box 0726
ZIP Code
58746-0726
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$860,530
Utilities
$6,000
Health Care
$134,910
Mortgage Interest
$23,660

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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