# PPP loan: BJORNSON OIL COMPANY INC.
> **$248K** approved 03/16/2021 · Paid in Full · Loan `3303898610`
## Borrower
- **Name:** BJORNSON OIL COMPANY INC.
- **Address:** 206 Division Ave S, Cavalier, ND, 58220-4002
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*