# PPP loan: COMPUDYNE
> **$1.65M** approved 04/05/2020 · Paid in Full · Loan `5195977005`
## Borrower
- **Name:** COMPUDYNE
- **Address:** 1524 E 37th St, HIBBING, MN, 55746-3643
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 98
## Lender
- **Originating:** National Bank of Commerce
- **Servicing:** National Bank of Commerce (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*