# PPP loan: DUSTERHOFT OIL, INC.
> **$169K** approved 04/15/2020 · Paid in Full · Loan `9839477100`
## Borrower
- **Name:** DUSTERHOFT OIL, INC.
- **Address:** 4315 Demers Ave Ste A, GRAND FORKS, ND, 58201-3901
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $18K
- **Utilities:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** United Valley Bank
- **Servicing:** United Valley Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*