# PPP loan: UNITED CONVEYOR SUPPLY COMPANY
> **$1.34M** approved 05/01/2020 · Paid in Full · Loan `8340567306`
## Borrower
- **Name:** UNITED CONVEYOR SUPPLY COMPANY
- **Address:** 2100 Norman Drive West 0.0, Waukegan, IL, 60085-6752
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 03/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Health care:** $302K
- **Jobs reported:** 77
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*