# PPP loan: PIEDMONT PIPE CONSTRUCTION INC
> **$659K** approved 04/04/2020 · Paid in Full · Loan `4842787010`
## Borrower
- **Name:** PIEDMONT PIPE CONSTRUCTION INC
- **Address:** 7907 Commerce Drive, DENVER, NC, 28037-9112
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $663K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Health care:** $43K
- **Jobs reported:** 55
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*