# PPP loan: INLAND WELDING SUPPLY INC.
> **$627K** approved 04/10/2020 · Paid in Full · Loan `1801597110`
## Borrower
- **Name:** INLAND WELDING SUPPLY INC.
- **Address:** 4230 E Trent Ave, SPOKANE, WA, 99202-4431
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $630K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Mortgage interest:** $69K
- **Utilities:** $13K
- **Jobs reported:** 58
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*