# PPP loan: WELDWAY STEEL FABRICATION INC
> **$456K** approved 04/05/2020 · Paid in Full · Loan `5282367008`
## Borrower
- **Name:** WELDWAY STEEL FABRICATION INC
- **Address:** 521 Hi Tech Parkway, OAKDALE, CA, 95361-9395
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $456K
- **Forgiven:** $458K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Rent:** $38K
- **Utilities:** $16K
- **Jobs reported:** 33
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*