# PPP loan: PLANK LLC
> **$650K** approved 04/07/2020 · Paid in Full · Loan `7291507003`
## Borrower
- **Name:** PLANK LLC
- **Address:** 376 Broadway, SCHENECTADY, NY, 12305-2502
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $654K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $585K
- **Rent:** $38K
- **Utilities:** $5K
- **Health care:** $14K
- **Debt interest:** $8K
- **Jobs reported:** 42
## Lender
- **Originating:** Broadview Federal Credit Union
- **Servicing:** Broadview Federal Credit Union (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*