# PPP loan: NUWELD INC
> **$1.32M** approved 02/02/2021 · Paid in Full · Loan `1908398410`
## Borrower
- **Name:** NUWELD INC
- **Address:** 2600 Reach Rd, Williamsport, PA, 17701-4119
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.32M
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*