# PPP loan: HARMS OIL COMPANY
> **$2.97M** approved 04/09/2020 · Paid in Full · Loan `9137697004`
## Borrower
- **Name:** HARMS OIL COMPANY
- **Address:** 337 22ND AVE S, BROOKINGS, SD, 57006-2828
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.97M
- **Initial approval:** $5.90M
- **Forgiven:** $3.00M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.08M
- **Rent:** $295K
- **Utilities:** $590K
- **Jobs reported:** 185
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*