# PPP loan: STRONG CONVERTING FACILITIES INC
> **$158K** approved 04/05/2020 · Paid in Full · Loan `5528717007`
## Borrower
- **Name:** STRONG CONVERTING FACILITIES INC
- **Address:** 3003 PACIFIC ST, MINNEAPOLIS, MN, 55411-1625
- **NAICS:** 322299
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 11
## Lender
- **Originating:** Sterling State Bank
- **Servicing:** Sterling State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*