# PPP loan: COMPEAU BROTHERS INC
> **$333K** approved 02/03/2021 · Paid in Full · Loan `2079278405`
## Borrower
- **Name:** COMPEAU BROTHERS INC
- **Address:** 12480 Telegraph Rd, Carleton, MI, 48117-9232
- **NAICS:** 237210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $333K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*