# PPP loan: UTE PETROLEUM LLC
> **$167K** approved 04/14/2020 · Paid in Full · Loan `6822487103`
## Borrower
- **Name:** UTE PETROLEUM LLC
- **Address:** 7074 East 900 south, FORT DUCHESNE, UT, 84026-0769
- **NAICS:** 447110
- **Business type:** Tribal Concerns
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Utilities:** $10K
- **Jobs reported:** 29
## Lender
- **Originating:** Native American Bank, National Association
- **Servicing:** Native American Bank, National Association (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*