# PPP loan: UNIVERSAL WELDING & FABRICATION INC
> **$976K** approved 01/28/2021 · Paid in Full · Loan `7230548301`
## Borrower
- **Name:** UNIVERSAL WELDING & FABRICATION INC
- **Address:** 2720 Hurst Rd, North Pole, AK, 99705-7500
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $976K
- **Initial approval:** $467K
- **Forgiven:** $912K (93%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $976K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*