# PPP loan: STATE PIPE & SUPPLY, INC
> **$1.43M** approved 06/19/2020 · Paid in Full · Loan `9260977904`
## Borrower
- **Name:** STATE PIPE & SUPPLY, INC
- **Address:** 183 S CEDAR AVE, RIALTO, CA, 92376-9011
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.45M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.31M
- **Rent:** $100K
- **Utilities:** $20K
- **Jobs reported:** 100
## Lender
- **Originating:** GBC International Bank
- **Servicing:** GBC International Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*