# PPP loan: WELDFORCE FABRICATORS LLC
> **$368K** approved 04/07/2020 · Paid in Full · Loan `7429567003`
## Borrower
- **Name:** WELDFORCE FABRICATORS LLC
- **Address:** 14875 Waterloo Dr, HOUSTON, TX, 77053-1617
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $367K (100%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Mortgage interest:** $46K
- **Utilities:** $46K
- **Jobs reported:** 38
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*