# PPP loan: PROFESSIONAL WELDING CO INC
> **$171K** approved 04/07/2020 · Paid in Full · Loan `6837597006`
## Borrower
- **Name:** PROFESSIONAL WELDING CO INC
- **Address:** 430 RIVERPORT ROAD SUITE 1, KINGSPORT, TN, 37660-3500
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 20
## Lender
- **Originating:** Powell Valley National Bank
- **Servicing:** Powell Valley National Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*