PPP Loan information for Industrial piping specialists inc.

$7,893,800

Industrial piping specialists inc. was initially approved for PPP Loan of amount $7,893,800, the current approved amount is $7,893,800. The loan was approved on 04/04/2020 by The Mabrey Bank reported 421 jobs and $7,893,800 was used to fund payroll.

Industrial piping specialists inc. is Existing or more than 2 years old

PPP Loan Search / OK / TULSA / Industrial piping specialists inc.

INDUSTRIAL PIPING SPECIALISTS INC.

Date Approved

04/04/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

INDUSTRIAL PIPING SPECIALISTS INC.

Borrower Address

606 N. 145th East Avenue

Borrower City

TULSA

Borrower State

OK

Borrower Zip

74116-2111

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7893800.00

Current Approval Amount

7893800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58781

Servicing Lender Name

Mabrey Bank

Servicing Lender Address

14821 S Memorial

Servicing Lender City

BIXBY

Servicing Lender State

OK

Servicing Lender Zip

74008-3743

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TULSA

Project County Name

TULSA

Project State

OK

Project Zip

74116-2111

CD

OK-01

Jobs Reported

421

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

250000.00

Payroll Proceed

5543800.00

Mortgage Interest Proceed

0.00

Rent Proceed

1300000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

800000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58781

Originating Lender

Mabrey Bank

Originating Lender City

BIXBY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7645879.89

Forgiveness Date

04/01/2021

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