# PPP loan: COMPACT CARS INC
> **$439K** approved 04/13/2020 · Paid in Full · Loan `5121107108`
## Borrower
- **Name:** COMPACT CARS INC
- **Address:** 3156 ELM ROAD, CORTLAND, OH, 44410-9332
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Jobs reported:** 38
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*