# PPP loan: I V WELDING & MECHANICAL INC
> **$219K** approved 04/28/2020 · Paid in Full · Loan `9884607210`
## Borrower
- **Name:** I V WELDING & MECHANICAL INC
- **Address:** 185 S 3RD ST, EL CENTRO, CA, 92243
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 12
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*