# PPP loan: BENSON'S PORTABLE WELDING INC
> **$179K** approved 04/27/2020 · Paid in Full · Loan `5202907201`
## Borrower
- **Name:** BENSON'S PORTABLE WELDING INC
- **Address:** 2504 W 1700 S, SALT LAKE CITY, UT, 84104-4268
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Rent:** $22K
- **Debt interest:** $22K
- **Jobs reported:** 15
## Lender
- **Originating:** Meadows Bank
- **Servicing:** Meadows Bank (NV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*