# PPP loan: WELFLE INC
> **$315K** approved 04/11/2020 · Paid in Full · Loan `2679117106`
## Borrower
- **Name:** WELFLE INC
- **Address:** 581 PO BOX, NORWALK, OH, 44857-0581
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $26K
- **Mortgage interest:** $3K
- **Utilities:** $3K
- **Health care:** $50K
- **Jobs reported:** 9
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*