# PPP loan: BASIN ENERGY PARTNERS, LLC
> **$351K** approved 04/05/2020 · Paid in Full · Loan `5310997007`
## Borrower
- **Name:** BASIN ENERGY PARTNERS, LLC
- **Address:** 14070 James Drive, WILLISTON, ND, 58801-4051
- **NAICS:** 999990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $351K
- **Initial approval:** $395K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $14K
- **Utilities:** $2K
- **Health care:** $25K
- **Debt interest:** $6K
- **Jobs reported:** 13
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*