# PPP loan: VANDERHOOF TRANSPORTATION CO INC
> **$288K** approved 03/13/2021 · Charged Off · Loan `2071488600`
## Borrower
- **Name:** VANDERHOOF TRANSPORTATION CO INC
- **Address:** 18 Wilfred St, West Orange, NJ, 07052-5810
- **NAICS:** 485510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $139K (48%)
- **Forgiveness date:** 04/12/2023
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $288K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*