# PPP loan: FABRICATED PIPE, INC
> **$1.58M** approved 04/04/2020 · Paid in Full · Loan `5039817001`
## Borrower
- **Name:** FABRICATED PIPE, INC
- **Address:** 15881 AIRLINE HWY, BATON ROUGE, LA, 70817-7410
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $250K
- **Utilities:** $67K
- **Jobs reported:** 110
## Lender
- **Originating:** South Louisiana Bank
- **Servicing:** South Louisiana Bank (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*