# PPP loan: METROPOLITAN PIPE AND SUPPLY COMPANY
> **$1.30M** approved 04/28/2020 · Paid in Full · Loan `1435597305`
## Borrower
- **Name:** METROPOLITAN PIPE AND SUPPLY COMPANY
- **Address:** 30 Inner Belt Road, Somerville, MA, 02143
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 112
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*