# PPP loan: WERNER IMPLEMENT CO, INC.
> **$202K** approved 04/14/2020 · Paid in Full · Loan `7903637107`
## Borrower
- **Name:** WERNER IMPLEMENT CO, INC.
- **Address:** 119 Main St, VERMILLION, MN, 55085
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $20K
- **Utilities:** $6K
- **Health care:** $24K
- **Jobs reported:** 17
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*