# PPP loan: PORTER PIPE & SUPPLY COMPANY
> **$2.93M** approved 04/08/2020 · Paid in Full · Loan `8032117004`
## Borrower
- **Name:** PORTER PIPE & SUPPLY COMPANY
- **Address:** 401 S ROHLWING RD, ADDISON, IL, 60101-3025
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.93M
- **Initial approval:** $2.93M
- **Forgiven:** $2.96M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.20M
- **Rent:** $440K
- **Health care:** $293K
- **Jobs reported:** 199
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*