# PPP loan: WELDER'S EQUIPMENT INC.
> **$360K** approved 03/23/2021 · Paid in Full · Loan `7064938609`
## Borrower
- **Name:** WELDER'S EQUIPMENT INC.
- **Address:** 1201 Park Ave, Eunice, LA, 70535-4327
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $361K (100%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** JD Bank
- **Servicing:** JD Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*