# PPP loan: COMPONET MANUFACTURING CORPORATION
> **$256K** approved 04/28/2020 · Paid in Full · Loan `9939907204`
## Borrower
- **Name:** COMPONET MANUFACTURING CORPORATION
- **Address:** 3565 South Loop 336 East, Conroe, TX, 77301-6850
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Mortgage interest:** $51K
- **Jobs reported:** 15
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*