# PPP loan: RANTEC MICROWAVE SYSTEMS, INC.
> **$1.03M** approved 04/12/2020 · Paid in Full · Loan `4042157109`
## Borrower
- **Name:** RANTEC MICROWAVE SYSTEMS, INC.
- **Address:** 31186 LA BAYA DR, WESTLAKE VILLAGE, CA, 91362-4003
- **NAICS:** 335911
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $828K
- **Mortgage interest:** $207K
- **Jobs reported:** 59
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*