Act Pipe & Supply, Inc.

$3,737,572 PPP Loan in Houston, Texas

Loan Details

Loan Number
9021107000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,737,572
Current Approval
$3,737,572
Forgiveness Amount
$3,787,834
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Act Pipe & Supply, Inc.
Address
6950 W. Sam Houston Pkwy N. 0.0
State
Texas
ZIP Code
77041-4023
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
291
Estimated Revenue
$89.1M
Rural/Urban
Urban
Congressional District
TX-38

Loan Use Breakdown

Payroll
$2,803,179
Rent
$573,418
Utilities
$90,975
Health Care
$270,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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