# PPP loan: VERSATILE POWER, INC.
> **$296K** approved 04/14/2020 · Paid in Full · Loan `6933977100`
## Borrower
- **Name:** VERSATILE POWER, INC.
- **Address:** 743 CAMDEN AVE, CAMPBELL, CA, 95008
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 19
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*