# PPP loan: VAN DALE INDUSTRIES INC
> **$1.45M** approved 02/26/2021 · Paid in Full · Loan `4681768510`
## Borrower
- **Name:** VAN DALE INDUSTRIES INC
- **Address:** 16 E 34th St, New York, NY, 10016-4328
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 08/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.45M
- **Utilities:** $1
- **Jobs reported:** 123
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*