# PPP loan: LB PIPE & COUPLING PRODUCTS LLC
> **$298K** approved 01/23/2021 · Paid in Full · Loan `4505828309`
## Borrower
- **Name:** LB PIPE & COUPLING PRODUCTS LLC
- **Address:** 549 Stonegate Dr, Katy, TX, 77494-5652
- **NAICS:** 333120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Gulf Capital Bank
- **Servicing:** Gulf Capital Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*