# PPP loan: UNITED STATES WELDING INC
> **$1.40M** approved 04/09/2020 · Paid in Full · Loan `9163937008`
## Borrower
- **Name:** UNITED STATES WELDING INC
- **Address:** 600 South Santa Fe Drive 0.0, Denver, CO, 80223-2403
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Rent:** $23K
- **Utilities:** $57K
- **Health care:** $109K
- **Debt interest:** $36K
- **Jobs reported:** 86
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*