# PPP loan: FORESTVILLE WELDING & IRON WORKS INC
> **$232K** approved 01/26/2021 · Paid in Full · Loan `5874758301`
## Borrower
- **Name:** FORESTVILLE WELDING & IRON WORKS INC
- **Address:** 8335 Old Marlboro Pike, Upper Marlboro, MD, 20772-2619
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*