# PPP loan: DOUGLAS PIPELINE, INC.
> **$392K** approved 04/28/2020 · Paid in Full · Loan `8413367209`
## Borrower
- **Name:** DOUGLAS PIPELINE, INC.
- **Address:** 502 CHANEY ST STE A, LAKE ELSINORE, CA, 92530-2768
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 7
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*