# PPP loan: VANDER HAAG'S INC
> **$1.96M** approved 04/04/2020 · Paid in Full · Loan `4664147002`
## Borrower
- **Name:** VANDER HAAG'S INC
- **Address:** 3809 4th Ave W, SPENCER, IA, 51301-2082
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.96M
- **Initial approval:** $1.96M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.47M
- **Mortgage interest:** $392K
- **Utilities:** $98K
- **Jobs reported:** 250
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*