Farmers Union Oil Company of Westhope-Souris-Bottineau

$502,000 PPP Loan in Westhope, North Dakota

Loan Details

Loan Number
6380797006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$502,000
Current Approval
$502,000
Forgiveness Amount
$504,995
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Union Oil Company of Westhope-Souris-Bottineau
Address
25 Railway Ave E
ZIP Code
58793-4009
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.1M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$452,000
Rent
$25,000
Utilities
$25,000

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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