# PPP loan: SMITH BROTHERS PIPE INC.
> **$175K** approved 02/04/2021 · Paid in Full · Loan `3329858400`
## Borrower
- **Name:** SMITH BROTHERS PIPE INC.
- **Address:** 2707 E Interstate 20, Midland, TX, 79706-4245
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 10
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*