# PPP loan: PLANMECA USA, INC
> **$2.94M** approved 04/27/2020 · Paid in Full · Loan `4589337206`
## Borrower
- **Name:** PLANMECA USA, INC
- **Address:** 2600 FORBS AVE, HOFFMAN ESTATES, IL, 60192-3723
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.94M
- **Initial approval:** $2.94M
- **Forgiven:** $2.98M (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.94M
- **Jobs reported:** 170
## Lender
- **Originating:** Bank of Pontiac
- **Servicing:** Bank of Pontiac (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*