# PPP loan: ENGINEERED CONVEYORS INC
> **$230K** approved 04/28/2020 · Paid in Full · Loan `6434737202`
## Borrower
- **Name:** ENGINEERED CONVEYORS INC
- **Address:** 1055 S. Home Avenue, KOKOMO, IN, 46902-1624
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 20
## Lender
- **Originating:** Community First Bank of Indiana
- **Servicing:** Community First Bank of Indiana (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*