# PPP loan: DYNAMIC WELD CORPORATION
> **$551K** approved 04/06/2020 · Paid in Full · Loan `5928917007`
## Borrower
- **Name:** DYNAMIC WELD CORPORATION
- **Address:** 242 NORTH STREET PO BOX 127, OSGOOD, OH, 45351-0127
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 44
## Lender
- **Originating:** First National Bank in New Bremen
- **Servicing:** First National Bank in New Bremen (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*