# PPP loan: COMPO CONSTRUCTION COMPANY
> **$495K** approved 01/23/2021 · Paid in Full · Loan `4251998302`
## Borrower
- **Name:** COMPO CONSTRUCTION COMPANY
- **Address:** 2704 Florida Ave, Norfolk, VA, 23513-4408
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $495K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*