# PPP loan: CONTRACT WELDING AND FABRICATING, INC.
> **$563K** approved 04/30/2020 · Paid in Full · Loan `5943487301`
## Borrower
- **Name:** CONTRACT WELDING AND FABRICATING, INC.
- **Address:** PO Box 68, BELLEVILLE, MI, 48112
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $569K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $40K
- **Mortgage interest:** $1K
- **Utilities:** $24K
- **Health care:** $48K
- **Jobs reported:** 39
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*