# PPP loan: VERHALEN, INC.
> **$5.88M** approved 04/09/2020 · Paid in Full · Loan `9012557004`
## Borrower
- **Name:** VERHALEN, INC.
- **Address:** 500 Pilgrim Way, GREEN BAY, WI, 54304-5264
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.88M
- **Initial approval:** $5.88M
- **Forgiven:** $5.77M (98%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.88M
- **Jobs reported:** 315
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*