# PPP loan: FEDERAL PIPE AND SUPPLY COMPANY
> **$179K** approved 04/28/2020 · Paid in Full · Loan `9826727202`
## Borrower
- **Name:** FEDERAL PIPE AND SUPPLY COMPANY
- **Address:** 6464 E. McNichols, Detroit, MI, 48212-2026
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Mortgage interest:** $36K
- **Jobs reported:** 15
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*