# PPP loan: A & B WELDING & CONSTRUCTION INC
> **$1.48M** approved 02/02/2021 · Paid in Full · Loan `1816788401`
## Borrower
- **Name:** A & B WELDING & CONSTRUCTION INC
- **Address:** 8021 199th Ave NW, Elk River, MN, 55330-5309
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 12/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.48M
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Pine River State Bank
- **Servicing:** Pine River State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*