# PPP loan: CHOWEL WELDPARTS, INC
> **$443K** approved 04/14/2020 · Paid in Full · Loan `7229827102`
## Borrower
- **Name:** CHOWEL WELDPARTS, INC
- **Address:** 5826 montgomery highway, LUVERNE, AL, 36049-5002
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $443K
- **Initial approval:** $443K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $443K
- **Jobs reported:** 93
## Lender
- **Originating:** Metro City Bank
- **Servicing:** Metro City Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*