# PPP loan: DONALD'S WELDING INC
> **$167K** approved 02/24/2021 · Paid in Full · Loan `3729838502`
## Borrower
- **Name:** DONALD'S WELDING INC
- **Address:** 1806 S NC 111 Hwy, Chinquapin, NC, 28521-8554
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 20
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*