# PPP loan: GULF COAST ALLOY WELDING, INC.
> **$372K** approved 04/10/2020 · Paid in Full · Loan `2242347102`
## Borrower
- **Name:** GULF COAST ALLOY WELDING, INC.
- **Address:** 4403 THEISS RD, HUMBLE, TX, 77338-1050
- **NAICS:** 332420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Jobs reported:** 54
## Lender
- **Originating:** Plains State Bank
- **Servicing:** Plains State Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*