# PPP loan: INDUSTRIAL PUMP & MACHINE LLC
> **$245K** approved 02/02/2021 · Paid in Full · Loan `1795458407`
## Borrower
- **Name:** INDUSTRIAL PUMP & MACHINE LLC
- **Address:** 2000 Telegraph Rd, Mobile, AL, 36610-4143
- **NAICS:** 332710
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 20
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*