# PPP loan: VERMILLION FORD INC.
> **$211K** approved 04/04/2020 · Paid in Full · Loan `4692347000`
## Borrower
- **Name:** VERMILLION FORD INC.
- **Address:** 101 W CHERRY ST, VERMILLION, SD, 57069-1108
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $212K (100%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 17
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*