# PPP loan: PLATINUM CROSS WELDING INC
> **$576K** approved 04/10/2020 · Paid in Full · Loan `1503857107`
## Borrower
- **Name:** PLATINUM CROSS WELDING INC
- **Address:** 379054 E 1130 RD, OKEMAH, OK, 74859-4215
- **NAICS:** 238190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $580K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Health care:** $17K
- **Jobs reported:** 36
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*