# PPP loan: JAMES OIL WELL SERVICE INC.
> **$1.47M** approved 02/09/2021 · Paid in Full · Loan `5933908408`
## Borrower
- **Name:** JAMES OIL WELL SERVICE INC.
- **Address:** 905 Highway 10 E, Belfield, ND, 58622-7413
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Utilities:** $1
- **Jobs reported:** 81
## Lender
- **Originating:** Dakota Community Bank & Trust, National Association
- **Servicing:** Dakota Community Bank & Trust, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*