# PPP loan: FARMERS UNION OIL OF BERTHOLD/CARPIO
> **$395K** approved 04/06/2020 · Paid in Full · Loan `6040477008`
## Borrower
- **Name:** FARMERS UNION OIL OF BERTHOLD/CARPIO
- **Address:** 28101 Hwy 2 W, BERTHOLD, ND, 58718-3801
- **NAICS:** 447190
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Mortgage interest:** $49K
- **Utilities:** $30K
- **Jobs reported:** 36
## Lender
- **Originating:** State Bank & Trust of Kenmare
- **Servicing:** State Bank & Trust of Kenmare (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*