# PPP loan: FREEPORT WELDING AND FABRICATING INC
> **$3.16M** approved 04/28/2020 · Exemption 4 · Loan `7211117201`
## Borrower
- **Name:** FREEPORT WELDING AND FABRICATING INC
- **Address:** 200 N Navigation Blvd, FREEPORT, TX, 77541
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.16M
- **Initial approval:** $3.16M
- **Forgiven:** $1.58M (50%)
- **Forgiveness date:** 10/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.16M
- **Jobs reported:** 184
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*