CBF OIL INC. (ND) - 2020 PPP Loan Borrower Profile (# 8197868305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CBF OIL INC.. 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

8197868305

SBA Office Code

0875

Processing Method

PPS

Curent Loan Amount

$373,442

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$375,485.56

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

373,442

Lender

Cornerstone Bank

Business Detail

Business Type

Corporation

NAICS

454310

Borrower Location

Fargo, ND

Project Location

Fargo, ND

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.