# PPP loan: FARMERS UNION OIL COMPANY
> **$670K** approved 04/12/2020 · Paid in Full · Loan `3900907101`
## Borrower
- **Name:** FARMERS UNION OIL COMPANY
- **Address:** 124 NICHOLS AVE, MONTEVIDEO, MN, 56265-1495
- **NAICS:** 493130
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $670K
- **Initial approval:** $670K
- **Forgiven:** $674K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $670K
- **Jobs reported:** 157
## Lender
- **Originating:** Minnwest Bank
- **Servicing:** Minnwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*