# PPP loan: UNDERGROUND PIPE & VALVE CO
> **$349K** approved 01/20/2021 · Paid in Full · Loan `1981378302`
## Borrower
- **Name:** UNDERGROUND PIPE & VALVE CO
- **Address:** 211 Amendodge Dr, Shorewood, IL, 60404-9362
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $350K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $349K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*