# PPP loan: MMD ROUSTABOUT INC.
> **$841K** approved 01/25/2021 · Paid in Full · Loan `5301518302`
## Borrower
- **Name:** MMD ROUSTABOUT INC.
- **Address:** 3885 87 1/2 Ave NW, New Town, ND, 58763
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $841K
- **Initial approval:** $841K
- **Forgiven:** $810K (96%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $840K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*