# PPP loan: B&M WELDING LLC
> **$518K** approved 01/27/2021 · Paid in Full · Loan `7042028301`
## Borrower
- **Name:** B&M WELDING LLC
- **Address:** 523 S 8th St, Hobbs, NM, 88240-6924
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $518K
- **Jobs reported:** 52
## 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*