# PPP loan: J.R. PIPELINE CO., INC.
> **$427K** approved 04/28/2020 · Paid in Full · Loan `6426437206`
## Borrower
- **Name:** J.R. PIPELINE CO., INC.
- **Address:** 1530 NANDINA AVE, PERRIS, CA, 92571-7009
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Rent:** $60K
- **Utilities:** $7K
- **Health care:** $6K
- **Jobs reported:** 16
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*