DAKOTA OILFIELD SOLUTION (ND) - 2020 PPP Loan Borrower Profile (# 3887858002)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to DAKOTA OILFIELD SOLUTION. 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
3887858002
SBA Office Code
0875
Processing Method
PPP
Curent Loan Amount
$45,000
Date Loan was Approved
Jun 25, 2020
Amount Forgiven
$45,360
Date Loan was Forgiven
Apr 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
0
Payroll Proced
40,500
Mortgage Interest Proceed
0
Rent Proceed
4,500
Health Care Proceed
0
Debt Interest Proceed
0
Lender
American Express National Bank
Business Detail
Business Type
Corporation
NAICS
484110
Borrower Location
BISMARK, ND
Project Location
BISMARK, ND
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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