# PPP loan: CAROLINA STRUCTURAL WELDING & STEEL ERECTION, INC
> **$261K** approved 05/07/2020 · Paid in Full · Loan `3525907403`
## Borrower
- **Name:** CAROLINA STRUCTURAL WELDING & STEEL ERECTION, INC
- **Address:** 1006 Hwy 218 West, INDIAN TRAIL, NC, 28079
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 24
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*