# PPP loan: VERSATILE TRANSPORT, LLC
> **$520K** approved 04/15/2020 · Paid in Full · Loan `9300037104`
## Borrower
- **Name:** VERSATILE TRANSPORT, LLC
- **Address:** 13985 INDUSTRY AVE SE, BECKER, MN, 55308-8807
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Rent:** $6K
- **Utilities:** $2K
- **Jobs reported:** 55
## Lender
- **Originating:** RiverWood Bank
- **Servicing:** RiverWood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*