# PPP loan: ROCHESTER PETROLEUM EQUIPMENT, INC.
> **$239K** approved 04/06/2020 · Paid in Full · Loan `5981517004`
## Borrower
- **Name:** ROCHESTER PETROLEUM EQUIPMENT, INC.
- **Address:** 1205 2nd Ave NW, STEWARTVILLE, MN, 55976-1613
- **NAICS:** 424710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 14
## Lender
- **Originating:** Eagle Rock Bank
- **Servicing:** Eagle Rock Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*