# PPP loan: CONTRACTORS PIPE AND SUPPLY CORPORATION
> **$800K** approved 01/30/2021 · Paid in Full · Loan `8816398306`
## Borrower
- **Name:** CONTRACTORS PIPE AND SUPPLY CORPORATION
- **Address:** 24895 N Industrial Dr, Farmington Hills, MI, 48335-1511
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $805K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $800K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*