# PPP loan: VOLT STUDIOS INC.
> **$227K** approved 01/27/2021 · Paid in Full · Loan `6942568300`
## Borrower
- **Name:** VOLT STUDIOS INC.
- **Address:** 733 Marquette Ave Ste 1300, Minneapolis, MN, 55402-2343
- **NAICS:** 512110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*