# PPP loan: WELDFORCE GROUP LLC
> **$1.86M** approved 04/15/2020 · Exemption 4 · Loan `9219357109`
## Borrower
- **Name:** WELDFORCE GROUP LLC
- **Address:** 14875 Warerloo Drive, HOUSTON, TX, 77053
- **NAICS:** 333992
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.61M (87%)
- **Forgiveness date:** 05/20/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.39M
- **Mortgage interest:** $232K
- **Utilities:** $232K
- **Jobs reported:** 211
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*