# PPP loan: FARMERS UNION OIL COMPANY OF GRYGLA
> **$230K** approved 04/13/2020 · Paid in Full · Loan `5258777100`
## Borrower
- **Name:** FARMERS UNION OIL COMPANY OF GRYGLA
- **Address:** 106 East State Street, GRYGLA, MN, 56727-2750
- **NAICS:** 813990
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $10K
- **Jobs reported:** 17
## Lender
- **Originating:** American State Bank of Grygla
- **Servicing:** American State Bank of Grygla (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*