Converting Systems, Inc.
Converting Systems, Inc. is located in Schaumburg, IL, and the SBA lists its industry as All Other Industrial Machinery Manufacturing. It was approved for an SBA 7(a) loan of $4,354,000 for a change of ownership on May 22, 2025.
- Business type
- Corporation
- Business age reported
- Change of Ownership
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| May 22, 2025 | $4,354,000 | $3,265,500 | CIBC Bank USA | 160 months | 7.6% fixed | 18 | Status not reported (SBA exemption) |
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