# PPP loan: CHAMBERLAIN OIL CO INC
> **$609K** approved 04/07/2020 · Paid in Full · Loan `7503497005`
## Borrower
- **Name:** CHAMBERLAIN OIL CO INC
- **Address:** 112 GRACE AVE, CLONTARF, MN, 56226-1093
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $609K
- **Initial approval:** $609K
- **Forgiven:** $580K (95%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $609K
- **Jobs reported:** 45
## Lender
- **Originating:** First Security Bank-Sleepy Eye
- **Servicing:** First Security Bank-Sleepy Eye (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*