# PPP loan: TRANSFORMING SOLUTIONS INC. (TSI)
> **$240K** approved 02/06/2021 · Paid in Full · Loan `4407608407`
## Borrower
- **Name:** TRANSFORMING SOLUTIONS INC. (TSI)
- **Address:** 3400 W Stonegate Blvd Ste 2345, Arlington Heights, IL, 60005-1068
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $177K (74%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*