PPP Loan information for Van daele development corporation

$966,286

Van daele development corporation was initially approved for PPP Loan of amount $966,286, the current approved amount is $966,286. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank of Long Beach reported 65 jobs and $966,286 was used to fund payroll.

Van daele development corporation is Existing or more than 2 years old

VAN DAELE DEVELOPMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

VAN DAELE DEVELOPMENT CORPORATION

Borrower Address

2900 Adams Street Ste C25

Borrower City

Riverside

Borrower State

CA

Borrower Zip

92504-8313

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

966286.00

Current Approval Amount

966286.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Riverside

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92504-8313

CD

CA-39

Jobs Reported

65

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

966286.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

977166.65

Forgiveness Date

06/09/2021

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