# PPP loan: VELDKAMP'S, INC
> **$458K** approved 04/09/2020 · Paid in Full · Loan `9895027001`
## Borrower
- **Name:** VELDKAMP'S, INC
- **Address:** 9501 WEST COLFAX AVE, LAKEWOOD, CO, 80215-3920
- **NAICS:** 453110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $69K
- **Utilities:** $46K
- **Jobs reported:** 50
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*