# PPP loan: FAIRCLOTH WELDING & FABRICATION INC.
> **$214K** approved 02/25/2021 · Paid in Full · Loan `4063178502`
## Borrower
- **Name:** FAIRCLOTH WELDING & FABRICATION INC.
- **Address:** 1377 Old Nunez Rd, Swainsboro, GA, 30401-5384
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $188K (88%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $214K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*