# PPP loan: ADDEV MATERIALS CONVERTING LLC
> **$443K** approved 04/07/2020 · Paid in Full · Loan `6610517010`
## Borrower
- **Name:** ADDEV MATERIALS CONVERTING LLC
- **Address:** 2121 S 116th St, MILWAUKEE, WI, 53227-1005
- **NAICS:** 322230
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $443K
- **Initial approval:** $443K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Rent:** $111K
- **Jobs reported:** 42
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*