# PPP loan: M.W. REID WELDING, INC.
> **$655K** approved 04/30/2020 · Paid in Full · Loan `5365487309`
## Borrower
- **Name:** M.W. REID WELDING, INC.
- **Address:** 781 O'CONNOR STREET, EL CAJON, CA, 92020
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $655K
- **Initial approval:** $655K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $655K
- **Jobs reported:** 67
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*