# PPP loan: THE CONVERSE PROFESSIONAL GROUP
> **$1.40M** approved 04/10/2020 · Paid in Full · Loan `2129747102`
## Borrower
- **Name:** THE CONVERSE PROFESSIONAL GROUP
- **Address:** 717 S MYRTLE AVE, MONROVIA, CA, 91016-3422
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $80K
- **Utilities:** $10K
- **Health care:** $191K
- **Jobs reported:** 115
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*