# PPP loan: O'HERN'S WELDING INC.
> **$204K** approved 04/09/2020 · Paid in Full · Loan `9163997004`
## Borrower
- **Name:** O'HERN'S WELDING INC.
- **Address:** 4801 RESEARCH DR, FAYETTEVILLE, NC, 28306-8149
- **NAICS:** 238190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $51K
- **Jobs reported:** 23
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*