# PPP loan: FLUSHING IRON WELD, INC.
> **$468K** approved 05/01/2020 · Charged Off · Loan `2198367709`
## Borrower
- **Name:** FLUSHING IRON WELD, INC.
- **Address:** 131 25 Maple Ave, Flushing, NY, 11355
- **NAICS:** 332323
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $313K
- **Rent:** $41K
- **Utilities:** $97K
- **Health care:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*