# PPP loan: PIPES AUTO SALES
> **$150K** approved 04/05/2020 · Paid in Full · Loan `5097917005`
## Borrower
- **Name:** PIPES AUTO SALES
- **Address:** 2911 West 70TH ST, SHREVEPORT, LA, 71108-4600
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 16
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*