# PPP loan: VERMILLION RIVER LLC
> **$152K** approved 06/28/2020 · Paid in Full · Loan `5526078008`
## Borrower
- **Name:** VERMILLION RIVER LLC
- **Address:** 830 Industrial Park Drive SE, LONSDALE, MN, 55046-4015
- **NAICS:** 325998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $164K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $127K
- **Utilities:** $25K
- **Jobs reported:** 7
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*