# PPP loan: PHILIP VERWEY
> **$1.19M** approved 02/18/2021 · Exemption 4 · Loan `1134728506`
## Borrower
- **Name:** PHILIP VERWEY
- **Address:** 19765 13th Ave, Hanford, CA, 93230-8871
- **NAICS:** 541715
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.14M (95%)
- **Forgiveness date:** 10/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Jobs reported:** 107
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*