Date Approved
04/15/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
VERSATILE TRANSPORT, LLC
Borrower Address
13985 INDUSTRY AVE SE
Borrower City
BECKER
Borrower State
MN
Borrower Zip
55308-8807
Loan Status Date
03/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
520445.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
78088
Servicing Lender Name
RiverWood Bank
Servicing Lender Address
14540 Dellwood Dr
Servicing Lender City
BAXTER
Servicing Lender State
Servicing Lender Zip
56425-9744
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
55
NAICS Code
484110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2361.00
Payroll Proceed
511734.00
Mortgage Interest Proceed
Rent Proceed
6350.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
524463.99
Forgiveness Date
01/26/2021