Harms Oil Company

$5,899,800 PPP Loan in Brookings, South Dakota

Loan Details

Loan Number
9137697004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,899,800
Current Approval
$2,966,500
Forgiveness Amount
$3,001,686
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Harms Oil Company
Address
337 22nd Ave S
ZIP Code
57006-2828
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
185
Estimated Revenue
$47.6M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$2,081,600
Rent
$294,900
Utilities
$590,000

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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