# PPP loan: CLELAN'S CUSTOM WELDING, LLC
> **$274K** approved 04/08/2020 · Paid in Full · Loan `7992067005`
## Borrower
- **Name:** CLELAN'S CUSTOM WELDING, LLC
- **Address:** 811 centerville rd, NEWVILLE, PA, 17241-8943
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $55K
- **Jobs reported:** 20
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*