# PPP loan: VITALDYNE, INC.
> **$977K** approved 04/07/2020 · Paid in Full · Loan `6554707002`
## Borrower
- **Name:** VITALDYNE, INC.
- **Address:** 400 Cokato Street E, COKATO, MN, 55321-4244
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $977K
- **Initial approval:** $977K
- **Forgiven:** $983K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $17K
- **Mortgage interest:** $883K
- **Utilities:** $20K
- **Health care:** $47K
- **Debt interest:** $10K
- **Jobs reported:** 98
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*