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Van Gorp Corporation

Pella, IA 50219

The loans, in SBA’s record

$1.5 million
Approved
$1,522,700
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$1.5 million
Forgiven
$1,535,485
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $1,522,700
By the amount SBA approved, ranks 59,890th of 10,688,106 borrowers nationally, 602nd of 153,690 in Iowa and 5th of 1,334 in the project’s county, Marion, IA. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Van Gorp Corporation, as SBA recorded them
Approved onAmountStatusForgiven
April 13, 2020$749,700Paid in Full$754,948
February 10, 2021$773,000Paid in Full$780,537

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Van Gorp Corporation: $1.5 million in PPP loans (2020–2021)