# PPP loan: VANDERVEER INDUSTRIAL PLASTICS, LLC
> **$551K** approved 04/04/2020 · Paid in Full · Loan `4981007010`
## Borrower
- **Name:** VANDERVEER INDUSTRIAL PLASTICS, LLC
- **Address:** 515 MELROSE ST, PLACENTIA, CA, 92870-6337
- **NAICS:** 326199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 40
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*