# PPP loan: COMPASS INDUSTRIAL LLC
> **$262K** approved 03/04/2021 · Paid in Full · Loan `6962918502`
## Borrower
- **Name:** COMPASS INDUSTRIAL LLC
- **Address:** 8520 Bellingrath Rd 8520 Bellingrath Rd, Theodore, AL, 36582-2702
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*