# PPP loan: PLANEWAVE INSTRUMENTS, INC.
> **$704K** approved 04/28/2020 · Paid in Full · Loan `7854497203`
## Borrower
- **Name:** PLANEWAVE INSTRUMENTS, INC.
- **Address:** 1375 N. MAIN ST, ADRIAN, MI, 49221-1723
- **NAICS:** 333314
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $704K
- **Initial approval:** $704K
- **Forgiven:** $710K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $598K
- **Mortgage interest:** $106K
- **Jobs reported:** 54
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*