# PPP loan: HERCULES WELDING & BOILER WORKS INC
> **$188K** approved 03/05/2021 · Paid in Full · Loan `7070018502`
## Borrower
- **Name:** HERCULES WELDING & BOILER WORKS INC
- **Address:** 900 Meeker Ave, Brooklyn, NY, 11222-3805
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*