PPP Loan information for Pipe line specialties, inc

$2,091,200

Pipe line specialties, inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,091,200. The loan was approved on 04/14/2020 by The Independent Bank reported 121 jobs and $2,091,200 was used to fund payroll.

Pipe line specialties, inc is Existing or more than 2 years old

PIPE LINE SPECIALTIES, INC

Date Approved

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PIPE LINE SPECIALTIES, INC

Borrower Address

5090 Centennial Blvd.

Borrower City

Colorado Springs

Borrower State

CO

Borrower Zip

80919

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2091200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Colorado Springs

Project County Name

EL PASO

Project State

CO

Project Zip

80919-0003

CD

CO-05

Jobs Reported

121

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2091200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2115190.71

Forgiveness Date

06/11/2021

;