# PPP loan: VAN DELLEN STEEL INC
> **$508K** approved 02/20/2021 · Paid in Full · Loan `2574548509`
## Borrower
- **Name:** VAN DELLEN STEEL INC
- **Address:** 6945 Dutton Industrial Park Dr SE, Caledonia, MI, 49316-9146
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $508K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*