# PPP loan: DYNO OIL CO INC
> **$444K** approved 04/13/2020 · Paid in Full · Loan `4494547109`
## Borrower
- **Name:** DYNO OIL CO INC
- **Address:** 216 E Milwaukee St, SPENCER, IA, 51301-4420
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $22K
- **Mortgage interest:** $22K
- **Utilities:** $44K
- **Jobs reported:** 88
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*