# PPP loan: WELSH CUSTOM SLITTING AND REWINDING LLC
> **$500K** approved 01/21/2021 · Paid in Full · Loan `2831578302`
## Borrower
- **Name:** WELSH CUSTOM SLITTING AND REWINDING LLC
- **Address:** 200 Citation Ct, Greensboro, NC, 27409-9026
- **NAICS:** 313310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Bank of Oak Ridge
- **Servicing:** Bank of Oak Ridge (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*