PPP Loan information for Vander haag's inc

$1,960,100

Vander haag's inc was initially approved for PPP Loan of amount $1,960,100, the current approved amount is $1,960,100. The loan was approved on 04/04/2020 by The Northwest Bank reported 250 jobs and $1,960,100 was used to fund payroll.

Vander haag's inc is Existing or more than 2 years old

VANDER HAAG'S INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

VANDER HAAG'S INC

Borrower Address

3809 4th Ave W

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-2082

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1960100.00

Current Approval Amount

1960100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-2082

CD

IA-04

Jobs Reported

250

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

98005.00

Payroll Proceed

1470075.00

Mortgage Interest Proceed

392020.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1976597.51

Forgiveness Date

02/11/2021

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