# PPP loan: COMPTON INC.
> **$184K** approved 04/07/2020 · Paid in Full · Loan `7137497004`
## Borrower
- **Name:** COMPTON INC.
- **Address:** 1201  8TH AVE, SOUTH HAVEN, MI, 49090-7160
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $8K
- **Jobs reported:** 15
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*