BASIN ENERGY PARTNERS, LLC (ND) - 2020 PPP Loan Borrower Profile (# 5310997007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIN ENERGY PARTNERS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

5310997007

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$351,363

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$355,203.93

Date Loan was Forgiven

May 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,525

Payroll Proced

305,863

Rent Proceed

13,920

Health Care Proceed

24,535

Debt Interest Proceed

5,520

Lender

Stearns Bank National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

999990

Borrower Location

WILLISTON, ND

Project Location

WILLISTON, ND

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.