# PPP loan: MARCUM'S WELDING & STEEL PROCESSING, INC.
> **$285K** approved 04/15/2020 · Paid in Full · Loan `8954677102`
## Borrower
- **Name:** MARCUM'S WELDING & STEEL PROCESSING, INC.
- **Address:** 500 N RANGELINE RD, MORRISTOWN, IN, 46161-9641
- **NAICS:** 333992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 30
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*