# PPP loan: J K WELDING SERVICES, LLC
> **$466K** approved 04/14/2020 · Paid in Full · Loan `6085167100`
## Borrower
- **Name:** J K WELDING SERVICES, LLC
- **Address:** 18433 FM 529 Road, CYPRESS, TX, 77433
- **NAICS:** 811310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $411K
- **Forgiven:** $420K (90%)
- **Forgiveness date:** 05/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $366K
- **Mortgage interest:** $50K
- **Utilities:** $50K
- **Jobs reported:** 30
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*