# PPP loan: W G WELCH MECHANICAL CONTRACTORS LLC
> **$785K** approved 04/15/2020 · Paid in Full · Loan `9365367110`
## Borrower
- **Name:** W G WELCH MECHANICAL CONTRACTORS LLC
- **Address:** 260 Interstate Court, Frederick, MD, 21704
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $785K
- **Initial approval:** $785K
- **Forgiven:** $793K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $709K
- **Rent:** $21K
- **Utilities:** $3K
- **Health care:** $51K
- **Debt interest:** $913
- **Jobs reported:** 42
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*