# PPP loan: VERSA TECHNOLOGIES INC.
> **$181K** approved 04/28/2020 · Paid in Full · Loan `7701277206`
## Borrower
- **Name:** VERSA TECHNOLOGIES INC.
- **Address:** 1100 Fairchild Rd. Ste 100, WINSTON SALEM, NC, 27105
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 1
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*