# PPP loan: MCABEE WELDING & ERECTION CO INC
> **$182K** approved 03/25/2021 · Paid in Full · Loan `8901198604`
## Borrower
- **Name:** MCABEE WELDING & ERECTION CO INC
- **Address:** 8885 Augusta Rd, Pelzer, SC, 29669-9709
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $182K
- **Jobs reported:** 12
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*