# PPP loan: COMSONICS INC.
> **$1.95M** approved 06/30/2020 · Paid in Full · Loan `6382118001`
## Borrower
- **Name:** COMSONICS INC.
- **Address:** 1350 PORT REPUBLIC RD, HARRISONBURG, VA, 22801-3514
- **NAICS:** 335999
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.95M
- **Jobs reported:** 309
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*