# PPP loan: VAN STRY DESIGN INC
> **$462K** approved 01/25/2021 · Charged Off · Loan `5520638303`
## Borrower
- **Name:** VAN STRY DESIGN INC
- **Address:** 420 Pearl St Ste 2, Malden, MA, 02148-6697
- **NAICS:** 337215
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $125K (27%)
- **Forgiveness date:** 04/20/2022
- **Status:** Charged Off
- **Term:** 25 months
## Use of funds
- **Payroll:** $462K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*