# PPP loan: CONVERTING SOLUTIONS, INC.
> **$307K** approved 04/07/2020 · Paid in Full · Loan `6899197010`
## Borrower
- **Name:** CONVERTING SOLUTIONS, INC.
- **Address:** 8910  58TH PL #100, KENOSHA, WI, 53144-7802
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Mortgage interest:** $38K
- **Utilities:** $38K
- **Jobs reported:** 24
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*