# PPP loan: STEWART WELDING & MACHINE INC
> **$1.76M** approved 04/08/2020 · Paid in Full · Loan `7953487010`
## Borrower
- **Name:** STEWART WELDING & MACHINE INC
- **Address:** 1601 W.BROADWAY ST, ANDREWS, TX, 79714-6039
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.76M
- **Initial approval:** $1.76M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.76M
- **Jobs reported:** 104
## Lender
- **Originating:** The National Bank of Andrews
- **Servicing:** The National Bank of Andrews (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*