# PPP loan: AERODYNE RESEARCH, INC.
> **$1.32M** approved 04/06/2020 · Paid in Full · Loan `6289287005`
## Borrower
- **Name:** AERODYNE RESEARCH, INC.
- **Address:** 45 Manning Road, BILLERICA, MA, 01821-3925
- **NAICS:** 541720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 85
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*