# PPP loan: VOLK TRANSFER INC
> **$427K** approved 04/03/2020 · Paid in Full · Loan `4397117009`
## Borrower
- **Name:** VOLK TRANSFER INC
- **Address:** 2205 7TH AVE, MANKATO, MN, 56001-2810
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Mortgage interest:** $43K
- **Utilities:** $43K
- **Jobs reported:** 45
## Lender
- **Originating:** Community Bank Mankato
- **Servicing:** Community Bank Mankato (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*