Converting Systems Inc.
$198,200 PPP Loan in Schaumburg, Illinois
Loan Details
- Loan Number
- 8829307010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $198,200
- Current Approval
- $198,200
- Forgiveness Amount
- $199,709
- Forgiveness Date
- Jan 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Converting Systems Inc.
- Address
- 1045 Remington Rd
- City
- Schaumburg
- State
- Illinois
- ZIP Code
- 60173-4517
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $158,560
- Rent
- $19,820
- Utilities
- $9,910
- Debt Interest
- $9,910
Lender Information
- Servicing Lender
- Cornerstone National Bank & Trust Company
- Originating Lender
- Cornerstone National Bank & Trust Company
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