# PPP loan: SEIFERT WELDING & CONSTRUCTION INC
> **$246K** approved 01/28/2021 · Paid in Full · Loan `7739108301`
## Borrower
- **Name:** SEIFERT WELDING & CONSTRUCTION INC
- **Address:** 2262 FM 3156 Rd, Bay City, TX, 77414-9283
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 22
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*