PPP Loan information for Planewave instruments, inc.

$703,820

Planewave instruments, inc. was initially approved for PPP Loan of amount $703,820, the current approved amount is $703,820. The loan was approved on 04/28/2020 by The County National Bank reported 54 jobs and $703,820 was used to fund payroll.

Planewave instruments, inc. is Existing or more than 2 years old

PLANEWAVE INSTRUMENTS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLANEWAVE INSTRUMENTS, INC.

Borrower Address

1375 N. MAIN ST

Borrower City

ADRIAN

Borrower State

MI

Borrower Zip

49221-1723

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

703820.00

Current Approval Amount

703820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ADRIAN

Project County Name

LENAWEE

Project State

MI

Project Zip

49221-1723

CD

MI-05

Jobs Reported

54

NAICS Code

333314

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

598247.00

Mortgage Interest Proceed

105573.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

709861.12

Forgiveness Date

03/11/2021

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