# PPP loan: TERRY M. HOFFMAN
> **$168K** approved 03/13/2021 · Paid in Full · Loan `1625618600`
## Borrower
- **Name:** TERRY M. HOFFMAN
- **Address:** 383 Schlabs Lane, Scotland, TX, 76379
- **NAICS:** 112120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $168K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Bank 7
- **Servicing:** Bank 7 (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*