PPP Loan information for Compass components inc

$2,000,000

Compass components inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/02/2021 by The City National Bank reported 186 jobs and $2,000,000 was used to fund payroll.

Compass components inc is Existing or more than 2 years old

COMPASS COMPONENTS INC

Date Approved

03/02/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

COMPASS COMPONENTS INC

Borrower Address

48133 Warm Springs Blvd

Borrower City

Fremont

Borrower State

CA

Borrower Zip

94539-7498

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fremont

Project County Name

ALAMEDA

Project State

CA

Project Zip

94539-7498

CD

CA-17

Jobs Reported

186

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016986.30

Forgiveness Date

01/07/2022

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