# PPP loan: MILCO MANUFACTURING COMPANY & WELFORM ELECTRODES, INC. (CO-B
> **$600K** approved 04/13/2020 · Paid in Full · Loan `4427727104`
## Borrower
- **Name:** MILCO MANUFACTURING COMPANY & WELFORM ELECTRODES, INC. (CO-B
- **Address:** 2147 E 10 MILE RD, WARREN, MI, 48091-1395
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $565K (94%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $600K
- **Jobs reported:** 49
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*