# PPP loan: A&B WELDING SUPPLY CO INC
> **$210K** approved 04/10/2020 · Paid in Full · Loan `1553877100`
## Borrower
- **Name:** A&B WELDING SUPPLY CO INC
- **Address:** 914 East Chicago St., RAPID CITY, SD, 57701-1740
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 18
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*