# PPP loan: RAINY LAKE OIL INC
> **$253K** approved 02/03/2021 · Paid in Full · Loan `2170718407`
## Borrower
- **Name:** RAINY LAKE OIL INC
- **Address:** 383 Highway 332 E, International Falls, MN, 56649-8967
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 06/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 24
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*