# PPP loan: COMPACT INDUSTRIES INC
> **$1.29M** approved 01/20/2021 · Paid in Full · Loan `2328858306`
## Borrower
- **Name:** COMPACT INDUSTRIES INC
- **Address:** 3945 Ohio Ave, St Charles, IL, 60174-5467
- **NAICS:** 327213
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (100%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 97
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*