PPP Loan information for Pipeline utilities inc

$708,300

Pipeline utilities inc was initially approved for PPP Loan of amount $70,800, the current approved amount is $708,300. The loan was approved on 04/13/2020 by The North State Bank reported 62 jobs and $708,300 was used to fund payroll.

Pipeline utilities inc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Pipeline utilities inc

PIPELINE UTILITIES INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PIPELINE UTILITIES INC

Borrower Address

2204-F Associate Drive

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27603-8122

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70800.00

Current Approval Amount

708300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27603-8122

CD

NC-13

Jobs Reported

62

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

708300.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

711967.64

Forgiveness Date

11/03/2020

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