# PPP loan: HOBART INSTITUTE OF WELDING TECHNOLOGY
> **$783K** approved 03/12/2021 · Paid in Full · Loan `9432228503`
## Borrower
- **Name:** HOBART INSTITUTE OF WELDING TECHNOLOGY
- **Address:** 400 Trade Sq E, Troy, OH, 45373-2463
- **NAICS:** 611519
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $787K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $783K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*