# PPP loan: WELSH COMPANIES FL INC
> **$206K** approved 04/15/2020 · Paid in Full · Loan `1934277210`
## Borrower
- **Name:** WELSH COMPANIES FL INC
- **Address:** 2950 TAMIAMI TRL N #200, NAPLES, FL, 34103
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $33K
- **Utilities:** $8K
- **Jobs reported:** 21
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*