# PPP loan: APPLE CONVERTING, INC
> **$334K** approved 04/15/2020 · Paid in Full · Loan `9515347100`
## Borrower
- **Name:** APPLE CONVERTING, INC
- **Address:** 176 Corporate Dr, ONEONTA, NY, 13820
- **NAICS:** 322220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Mortgage interest:** $42K
- **Utilities:** $42K
- **Jobs reported:** 29
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*