# PPP loan: METROPLEX WELDING SUPPLY INC
> **$491K** approved 04/14/2020 · Paid in Full · Loan `6988147106`
## Borrower
- **Name:** METROPLEX WELDING SUPPLY INC
- **Address:** 1970 W NORTHWEST HWY, DALLAS, TX, 75220-0000
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Jobs reported:** 41
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*