# PPP loan: PIPING SYSTEMS INC.
> **$760K** approved 04/06/2020 · Paid in Full · Loan `5690417009`
## Borrower
- **Name:** PIPING SYSTEMS INC.
- **Address:** 32 Mill Street PO Box 409, ASSONET, MA, 02702
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $766K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $760K
- **Jobs reported:** 49
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*