# PPP loan: COMPETITIVE PIPING SYSTEMS  INC.
> **$1.47M** approved 01/23/2021 · Paid in Full · Loan `5053108308`
## Borrower
- **Name:** COMPETITIVE PIPING SYSTEMS  INC.
- **Address:** 141 W Jackson Blvd Ste A30, Chicago, IL, 60604-2951
- **NAICS:** 238220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.50M (102%)
- **Forgiveness date:** 01/23/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*