# PPP loan: I-COMPOSITES, LLC
> **$414K** approved 04/08/2020 · Paid in Full · Loan `7707537006`
## Borrower
- **Name:** I-COMPOSITES, LLC
- **Address:** 606 W CENTER ST, BOURBON, IN, 46567-1568
- **NAICS:** 326199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 50
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*