# PPP loan: GOETSCH'S WELDING AND MACHINE, INC.
> **$809K** approved 04/03/2020 · Paid in Full · Loan `4396827008`
## Borrower
- **Name:** GOETSCH'S WELDING AND MACHINE, INC.
- **Address:** 9480 S. County RD K, MERRILL, WI, 54452-7728
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $809K
- **Initial approval:** $809K
- **Forgiven:** $814K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $664K
- **Mortgage interest:** $11K
- **Utilities:** $16K
- **Health care:** $111K
- **Debt interest:** $7K
- **Jobs reported:** 63
## Lender
- **Originating:** Peoples State Bank
- **Servicing:** Peoples State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*