# PPP loan: WELDALL MFG., INC.
> **$3.77M** approved 04/10/2020 · Paid in Full · Loan `1328757103`
## Borrower
- **Name:** WELDALL MFG., INC.
- **Address:** 2001 S PRAIRIE AVE, WAUKESHA, WI, 53189-7307
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.77M
- **Initial approval:** $3.77M
- **Forgiven:** $3.81M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.83M
- **Mortgage interest:** $471K
- **Utilities:** $471K
- **Jobs reported:** 245
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*