# PPP loan: COMPASS WATER SOLUTIONS INC
> **$375K** approved 04/12/2020 · Paid in Full · Loan `4044117101`
## Borrower
- **Name:** COMPASS WATER SOLUTIONS INC
- **Address:** 15542 Mosher Avenue, Tustin, CA, 92780-6425
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $79K
- **Jobs reported:** 23
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*