PPP Loan information for Compassred inc.

$234,067

Compassred inc. was initially approved for PPP Loan of amount $234,067, the current approved amount is $234,067. The loan was approved on 04/12/2020 by The Manufacturers and Traders Trust Company reported 12 jobs and $234,067 was used to fund payroll.

Compassred inc. is Existing or more than 2 years old

COMPASSRED INC.

Date Approved

04/12/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

COMPASSRED INC.

Borrower Address

605 North Market Street 2nd Floor

Borrower City

WILMINGTON

Borrower State

DE

Borrower Zip

19801-3006

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234067.00

Current Approval Amount

234067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19801-3006

CD

DE-

Jobs Reported

12

NAICS Code

518210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

210067.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225503.48

Forgiveness Date

12/08/2020

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