# PPP loan: JACKSON WELDING SUPPLY CO., INC.
> **$650K** approved 04/15/2020 · Paid in Full · Loan `1224127206`
## Borrower
- **Name:** JACKSON WELDING SUPPLY CO., INC.
- **Address:** 4 Pixley Industrial Parkway, Rochester, NY, 14624
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $532K
- **Rent:** $58K
- **Utilities:** $14K
- **Health care:** $36K
- **Debt interest:** $9K
- **Jobs reported:** 53
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*