# PPP loan: VANFAB, INC.
> **$371K** approved 04/08/2020 · Paid in Full · Loan `8323087008`
## Borrower
- **Name:** VANFAB, INC.
- **Address:** 1 CENTER ST, UNION HILL, IL, 60969-9800
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $373K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Health care:** $23K
- **Jobs reported:** 25
## Lender
- **Originating:** State Bank of Herscher
- **Servicing:** State Bank of Herscher (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*