# PPP loan: COMPASS EQUIPMENT INC.
> **$460K** approved 04/30/2020 · Paid in Full · Loan `5335567308`
## Borrower
- **Name:** COMPASS EQUIPMENT INC.
- **Address:** 4688 PACIFIC HEIGHTS RD, OROVILLE, CA, 95965-9239
- **NAICS:** 484230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Jobs reported:** 29
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*