# PPP loan: WELSCH FURNACE COMPANY, INC.
> **$1.81M** approved 04/04/2020 · Paid in Full · Loan `4749397006`
## Borrower
- **Name:** WELSCH FURNACE COMPANY, INC.
- **Address:** 2175 WELSCH INDUSTRIAL CT, SAINT LOUIS, MO, 63146-4220
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 84
## Lender
- **Originating:** Midwest BankCentre
- **Servicing:** Midwest BankCentre (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*