# PPP loan: COMPASS INSTRUMENTS, INC.
> **$325K** approved 04/08/2020 · Paid in Full · Loan `8359577004`
## Borrower
- **Name:** COMPASS INSTRUMENTS, INC.
- **Address:** 1020 AIRPARK DR, SUGAR GROVE, IL, 60554-9452
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $27K
- **Utilities:** $8K
- **Jobs reported:** 22
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*