# PPP loan: PIPELINE SYSTEMS INC.
> **$1.77M** approved 02/03/2021 · Exemption 4 · Loan `2377028409`
## Borrower
- **Name:** PIPELINE SYSTEMS INC.
- **Address:** 11528 Airport Rd, Meadville, PA, 16335-3800
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.69M (95%)
- **Forgiveness date:** 10/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.77M
- **Utilities:** $1
- **Jobs reported:** 109
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*