# PPP loan: VAN DERECK ENTERPRISES
> **$256K** approved 02/27/2021 · Paid in Full · Loan `5110188503`
## Borrower
- **Name:** VAN DERECK ENTERPRISES
- **Address:** 7 Freeman St, Provincetown, MA, 02657-1462
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Seamen's Bank
- **Servicing:** Seamen's Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*