# PPP loan: GORDON E WELCH INC
> **$181K** approved 04/15/2020 · Paid in Full · Loan `1458657204`
## Borrower
- **Name:** GORDON E WELCH INC
- **Address:** 1200 Golden Key Circle Suite 301, EL PASO, TX, 79925
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Utilities:** $36K
- **Jobs reported:** 27
## Lender
- **Originating:** High Plains Bank
- **Servicing:** High Plains Bank (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*