# PPP loan: 3A COMPOSITES USA, INC
> **$5.69M** approved 04/10/2020 · Paid in Full · Loan `1546537105`
## Borrower
- **Name:** 3A COMPOSITES USA, INC
- **Address:** Two Harbour Place, 721 Jetton St Suite 325, Davidson, NC, 28036-0359
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.69M
- **Initial approval:** $5.69M
- **Forgiven:** $5.76M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.94M
- **Mortgage interest:** $88K
- **Utilities:** $780K
- **Health care:** $886K
- **Jobs reported:** 313
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*