# PPP loan: THORNTON WELDING AND MACHINE INC.
> **$454K** approved 02/24/2021 · Paid in Full · Loan `3605168500`
## Borrower
- **Name:** THORNTON WELDING AND MACHINE INC.
- **Address:** 6001 Grover Burchfield Dr N/A, Tuscaloosa, AL, 35401-9337
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $454K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*