# PPP loan: WELCOME FINANCE COMPANY INC
> **$432K** approved 04/15/2020 · Paid in Full · Loan `2207767202`
## Borrower
- **Name:** WELCOME FINANCE COMPANY INC
- **Address:** 112 W Center St, MEBANE, NC, 27302
- **NAICS:** 522291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Mortgage interest:** $76K
- **Utilities:** $31K
- **Jobs reported:** 48
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*