# PPP loan: MID-STATE WELDING INC.
> **$174K** approved 01/20/2021 · Paid in Full · Loan `1980088307`
## Borrower
- **Name:** MID-STATE WELDING INC.
- **Address:** 150 Commercial Dr, Southbridge, MA, 01550-3443
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 14
## Lender
- **Originating:** bankHometown
- **Servicing:** bankHometown (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*