# PPP loan: COMPETITION SPECIALTIES, INC.
> **$774K** approved 04/03/2020 · Paid in Full · Loan `4482597007`
## Borrower
- **Name:** COMPETITION SPECIALTIES, INC.
- **Address:** 2402 W VALLEY HWY, AUBURN, WA, 98001-1626
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $774K
- **Initial approval:** $826K
- **Forgiven:** $779K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $774K
- **Jobs reported:** 78
## Lender
- **Originating:** Timberland Bank
- **Servicing:** Timberland Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*