# PPP loan: WEBCO MFG INC
> **$1.54M** approved 04/07/2020 · Paid in Full · Loan `6594607001`
## Borrower
- **Name:** WEBCO MFG INC
- **Address:** 20570 W 162nd St, OLATHE, KS, 66062-2750
- **NAICS:** 332710
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 105
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*