# PPP loan: R & M PIPELINE SERVICES INC.
> **$759K** approved 04/09/2020 · Paid in Full · Loan `8874497009`
## Borrower
- **Name:** R & M PIPELINE SERVICES INC.
- **Address:** 7604 HIGHWAY 132, DRUMMOND, OK, 73735-1111
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $759K
- **Initial approval:** $759K
- **Forgiven:** $764K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $569K
- **Utilities:** $31K
- **Health care:** $20K
- **Debt interest:** $138K
- **Jobs reported:** 68
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*