# PPP loan: INDEPENDENT WELDING DISTRIBUTORS COOPERATIVE, INC.
> **$517K** approved 05/01/2020 · Paid in Full · Loan `1293787808`
## Borrower
- **Name:** INDEPENDENT WELDING DISTRIBUTORS COOPERATIVE, INC.
- **Address:** 6331 East 30th Street, Indianapolis, IN, 46219-1020
- **NAICS:** 423830
- **Business type:** —
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $519K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $517K
- **Jobs reported:** 29
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*