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Vander Haag's INC

$1,960,100 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
4664147002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,960,100
Current Approval
$1,960,100
Forgiveness Amount
$1,976,598
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vander Haag's INC
Address
3809 4th Ave W
City
Spencer
State
Iowa
ZIP Code
51301-2082
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$76.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,470,075
Utilities
$98,005
Mortgage Interest
$392,020

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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