# PPP loan: METAL-WELD SPECIALTIES, INC
> **$947K** approved 04/07/2020 · Paid in Full · Loan `7576227006`
## Borrower
- **Name:** METAL-WELD SPECIALTIES, INC
- **Address:** 8137 N 83rd Ave, PEORIA, AZ, 85345-8033
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $947K
- **Initial approval:** $947K
- **Forgiven:** $954K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $710K
- **Utilities:** $237K
- **Jobs reported:** 81
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*