# PPP loan: CONVEYOR SYSTEMS INC
> **$586K** approved 02/10/2021 · Paid in Full · Loan `6268748401`
## Borrower
- **Name:** CONVEYOR SYSTEMS INC
- **Address:** 5833 Highway 76 E, Springfield, TN, 37172-5326
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $586K
- **Jobs reported:** 37
## Lender
- **Originating:** Legends Bank
- **Servicing:** Legends Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*