# PPP loan: ERECTION & WELDING CONTRACTORS LLC
> **$1.57M** approved 01/29/2021 · Paid in Full · Loan `8246708300`
## Borrower
- **Name:** ERECTION & WELDING CONTRACTORS LLC
- **Address:** 190 New Park Dr, Berlin, CT, 06037-3741
- **NAICS:** 238190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 03/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.57M
- **Utilities:** $1
- **Jobs reported:** 160
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*