# PPP loan: RELIABLE WELDING & MACHINE WORKS IN
> **$277K** approved 03/23/2021 · Paid in Full · Loan `7272198606`
## Borrower
- **Name:** RELIABLE WELDING & MACHINE WORKS IN
- **Address:** 2008 Union Tpke # 14, North Bergen, NJ, 07047-2409
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $282K (102%)
- **Forgiveness date:** 01/19/2023
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $277K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*