# PPP loan: COMPOSITE TECHNOLOGIES INC.
> **$155K** approved 04/13/2020 · Paid in Full · Loan `4267137104`
## Borrower
- **Name:** COMPOSITE TECHNOLOGIES INC.
- **Address:** N15811 Klein Ln, TREMPEALEAU, WI, 54661-7226
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $27K
- **Utilities:** $12K
- **Jobs reported:** 17
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*