# PPP loan: CHOWEL WELDPARTS INC
> **$461K** approved 04/30/2021 · Paid in Full · Loan `5706868910`
## Borrower
- **Name:** CHOWEL WELDPARTS INC
- **Address:** 5826 Montgomery Hwy, Luverne, AL, 36049-5002
- **NAICS:** 336390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 07/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $461K
- **Utilities:** $1
- **Jobs reported:** 103
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*