# PPP loan: PIPING SYSTEMS INC.
> **$2.00M** approved 02/19/2021 · Paid in Full · Loan `1602518504`
## Borrower
- **Name:** PIPING SYSTEMS INC.
- **Address:** 719 Industrial Park Ave, Hortonville, WI, 54944-9508
- **NAICS:** 332996
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.41M (71%)
- **Forgiveness date:** 04/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*