# PPP loan: COMPONE ADMINISTRATORS, INC.
> **$524K** approved 04/14/2020 · Paid in Full · Loan `7516457101`
## Borrower
- **Name:** COMPONE ADMINISTRATORS, INC.
- **Address:** 39500 HIGH POINTE BLVD, NOVI, MI, 48375
- **NAICS:** 524292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Jobs reported:** 40
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*