# PPP loan: VANDERLOOP EQUIPMENT, INC.
> **$513K** approved 04/04/2020 · Paid in Full · Loan `4827017004`
## Borrower
- **Name:** VANDERLOOP EQUIPMENT, INC.
- **Address:** W2834 Dundas Road, BRILLION, WI, 54110-9745
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Mortgage interest:** $75K
- **Utilities:** $27K
- **Jobs reported:** 38
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*