# PPP loan: KNUTSON OIL COMPANY
> **$185K** approved 04/14/2020 · Paid in Full · Loan `5878537110`
## Borrower
- **Name:** KNUTSON OIL COMPANY
- **Address:** 251 W Main Street, GLENVILLE, MN, 56036
- **NAICS:** 454310
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Mortgage interest:** $40K
- **Utilities:** $6K
- **Jobs reported:** 21
## Lender
- **Originating:** First Independent Bank
- **Servicing:** First Independent Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*