# PPP loan: TECH-WELD INC.
> **$272K** approved 01/22/2021 · Paid in Full · Loan `3633388308`
## Borrower
- **Name:** TECH-WELD INC.
- **Address:** 805 Thornwood Dr, Sycamore, IL, 60178-8881
- **NAICS:** 332911
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Union National Bank
- **Servicing:** Union National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*