# PPP loan: MOUNTAIN STATES PIPE & SUPPLY CO.
> **$411K** approved 04/14/2020 · Paid in Full · Loan `7144037102`
## Borrower
- **Name:** MOUNTAIN STATES PIPE & SUPPLY CO.
- **Address:** 7765 Electronic Drive, Colorado Springs, CO, 80922-1546
- **NAICS:** 423730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $22K
- **Utilities:** $5K
- **Health care:** $60K
- **Jobs reported:** 33
## Lender
- **Originating:** The Eastern Colorado Bank
- **Servicing:** The Eastern Colorado Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*