# PPP loan: WATERFORD OIL COMPANY, INC.
> **$593K** approved 04/04/2020 · Paid in Full · Loan `4761267005`
## Borrower
- **Name:** WATERFORD OIL COMPANY, INC.
- **Address:** PO BOX, NORTHFIELD, MN, 55057-0508
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $593K
- **Initial approval:** $593K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $539K
- **Health care:** $55K
- **Jobs reported:** 32
## Lender
- **Originating:** 1st United Bank
- **Servicing:** 1st United Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*