# PPP loan: MCABEE WELDING & ERECTION CO INC
> **$217K** approved 04/30/2020 · Paid in Full · Loan `6012137308`
## Borrower
- **Name:** MCABEE WELDING & ERECTION CO INC
- **Address:** 8885 Augusta Rd, Pelzer, SC, 29669
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Jobs reported:** 12
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*