# PPP loan: CONVERUS INC.
> **$286K** approved 02/04/2021 · Paid in Full · Loan `3061998405`
## Borrower
- **Name:** CONVERUS INC.
- **Address:** 610 S 850 E Ste 4, Lehi, UT, 84043-3945
- **NAICS:** 334519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $286K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*