# PPP loan: VAN VUGT GREENHOUSES INC
> **$447K** approved 04/27/2020 · Paid in Full · Loan `4424487207`
## Borrower
- **Name:** VAN VUGT GREENHOUSES INC
- **Address:** 140 Jacksonville Road, POMPTON PLAINS, NJ, 07444-1503
- **NAICS:** 111422
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $32K
- **Health care:** $30K
- **Jobs reported:** 53
## Lender
- **Originating:** First Pioneer Farm Credit,  ACA
- **Servicing:** First Pioneer Farm Credit,  ACA (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*