# PPP loan: B&G WELDING
> **$788K** approved 04/03/2020 · Paid in Full · Loan `4529287006`
## Borrower
- **Name:** B&G WELDING
- **Address:** 2925 9th Ave. SW, WATERTOWN, SD, 57201-7258
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $788K
- **Initial approval:** $788K
- **Forgiven:** $795K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $631K
- **Rent:** $79K
- **Utilities:** $79K
- **Jobs reported:** 71
## Lender
- **Originating:** Reliabank Dakota
- **Servicing:** Reliabank Dakota (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*