# PPP loan: SAGINAW PIPE
> **$2.47M** approved 04/06/2020 · Paid in Full · Loan `6205747005`
## Borrower
- **Name:** SAGINAW PIPE
- **Address:** 1980 hwy 315, SAGINAW, AL, 35137
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.47M
- **Initial approval:** $2.47M
- **Forgiven:** $1.89M (77%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.47M
- **Jobs reported:** 169
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*