# PPP loan: WELSCO CORP.
> **$508K** approved 04/28/2020 · Paid in Full · Loan `1702297304`
## Borrower
- **Name:** WELSCO CORP.
- **Address:** 2510 BEASLEY, DRIVE FALLON, NV, 89406
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Jobs reported:** 21
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*