# PPP loan: SOL'S PIPE & STEEL LLC
> **$1.25M** approved 04/07/2020 · Paid in Full · Loan `7480627003`
## Borrower
- **Name:** SOL'S PIPE & STEEL LLC
- **Address:** 4951 TRANSPORT AVE, MONROE, LA, 71203-6104
- **NAICS:** 331210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $998K
- **Rent:** $85K
- **Mortgage interest:** $79K
- **Utilities:** $85K
- **Jobs reported:** 106
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*