# PPP loan: VERIDOCS, INC.
> **$428K** approved 04/27/2020 · Paid in Full · Loan `5737027204`
## Borrower
- **Name:** VERIDOCS, INC.
- **Address:** 1450 Park Ct Suite 1, CHANHASSEN, MN, 55317-8905
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $427K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $45K
- **Utilities:** $40K
- **Jobs reported:** 24
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*