# PPP loan: PBCO WELDING INC
> **$150K** approved 02/07/2021 · Paid in Full · Loan `5053098405`
## Borrower
- **Name:** PBCO WELDING INC
- **Address:** 11035 N H St, La Porte, TX, 77571-9126
- **NAICS:** 333912
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (100%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Capital Bank
- **Servicing:** Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*