# PPP loan: BEAUDRY OIL & SERIVE, INC.
> **$1.07M** approved 04/06/2020 · Paid in Full · Loan `5998267008`
## Borrower
- **Name:** BEAUDRY OIL & SERIVE, INC.
- **Address:** 630 PROCTOR AVE, ELK RIVER, MN, 55330-2412
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $799K
- **Rent:** $213K
- **Utilities:** $53K
- **Jobs reported:** 85
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*