# PPP loan: VERIDIAN LIMITED
> **$716K** approved 04/05/2020 · Paid in Full · Loan `5308117002`
## Borrower
- **Name:** VERIDIAN LIMITED
- **Address:** 3710 W Milwaukee St, SPENCER, IA, 51301-2529
- **NAICS:** 315280
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $720K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Rent:** $26K
- **Utilities:** $14K
- **Health care:** $59K
- **Debt interest:** $2K
- **Jobs reported:** 113
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*