# PPP loan: B&M WELDING LLC
> **$506K** approved 04/30/2020 · Paid in Full · Loan `6530807308`
## Borrower
- **Name:** B&M WELDING LLC
- **Address:** 523 N 8th St, HOBBS, NM, 88240
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Jobs reported:** 37
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*