# PPP loan: PERFORMANCE COMPOSITES INC
> **$954K** approved 02/20/2021 · Paid in Full · Loan `2587478500`
## Borrower
- **Name:** PERFORMANCE COMPOSITES INC
- **Address:** 1418 S Alameda St, Compton, CA, 90221-4802
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $954K
- **Initial approval:** $954K
- **Forgiven:** $961K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $954K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*