# PPP loan: NORTHDALE OIL INC.
> **$1.54M** approved 02/11/2021 · Paid in Full · Loan `7198668410`
## Borrower
- **Name:** NORTHDALE OIL INC.
- **Address:** 203 14th St NE, East Grand Forks, MN, 56721-1626
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.54M
- **Utilities:** $1
- **Jobs reported:** 234
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*