# PPP loan: UNIVERSAL WELDING & ENGINEERING
> **$376K** approved 02/19/2021 · Paid in Full · Loan `1497218505`
## Borrower
- **Name:** UNIVERSAL WELDING & ENGINEERING
- **Address:** 1709 Pearl St, Waukesha, WI, 53186-5626
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 03/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $376K
- **Jobs reported:** 25
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*