# PPP loan: H.V. WELKER CO., INC
> **$3.05M** approved 04/28/2020 · Paid in Full · Loan `1939457302`
## Borrower
- **Name:** H.V. WELKER CO., INC
- **Address:** 970 S Milpitas Blvd, Milpitas, CA, 95035-6323
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.05M
- **Initial approval:** $3.05M
- **Forgiven:** $3.09M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Mortgage interest:** $610K
- **Jobs reported:** 124
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*