# PPP loan: UNITED ENERGY CORPORATION
> **$310K** approved 06/04/2020 · Paid in Full · Loan `7873077800`
## Borrower
- **Name:** UNITED ENERGY CORPORATION
- **Address:** 919 S 7th Street, Suite 405, BISMARCK, ND, 58504-5835
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $311K (100%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Rent:** $5K
- **Utilities:** $500
- **Jobs reported:** 26
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*