PPP Loan information for Industrial piping specialists inc

$2,000,000

Industrial piping specialists inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The Mabrey Bank reported 218 jobs and $2,000,000 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

02/12/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

INDUSTRIAL PIPING SPECIALISTS INC

Borrower Address

606 N 145th East Ave

Borrower City

Tulsa

Borrower State

OK

Borrower Zip

74116-2111

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

218

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Subchapter S Corporation

Originating Lender Location Id

58781

Originating Lender

Mabrey Bank

Originating Lender City

BIXBY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014388.89

Forgiveness Date

11/09/2021

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