# PPP loan: LAKE REGION COOP OIL ASSOCIATON
> **$327K** approved 04/08/2020 · Paid in Full · Loan `7858047009`
## Borrower
- **Name:** LAKE REGION COOP OIL ASSOCIATON
- **Address:** 4825 STATE HIGHWAY 55 NW, MAPLE LAKE, MN, 55358-4630
- **NAICS:** 447110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Jobs reported:** 57
## Lender
- **Originating:** Star Bank
- **Servicing:** Star Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*