# PPP loan: STAPLES OIL CO INC
> **$515K** approved 01/23/2021 · Paid in Full · Loan `4493308308`
## Borrower
- **Name:** STAPLES OIL CO INC
- **Address:** 1680 N Redding Ave, Windom, MN, 56101-1297
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $514K
- **Utilities:** $1
- **Jobs reported:** 265
## Lender
- **Originating:** Cherokee State Bank
- **Servicing:** Cherokee State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*