Volta Logistics INC

$419,100 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
6142967003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$419,100
Current Approval
$419,100
Forgiveness Amount
$424,350
Forgiveness Date
Jul 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Volta Logistics INC
Address
1515 Central Ave NE Suite 120
ZIP Code
55413-1833
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488510)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$320,900
Rent
$42,200
Utilities
$26,000
Health Care
$30,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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