# PPP loan: VANDERPLAATS RESEARCH AND DEVELOPMENT, INC.
> **$164K** approved 04/14/2020 · Paid in Full · Loan `7573277102`
## Borrower
- **Name:** VANDERPLAATS RESEARCH AND DEVELOPMENT, INC.
- **Address:** 1767 S 8th St Suite 200, COLORADO SPRINGS, CO, 80905-1926
- **NAICS:** 541340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 11
## Lender
- **Originating:** Rocky Mountain Bank and Trust
- **Servicing:** Rocky Mountain Bank and Trust (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*