# PPP loan: SCHOONER RESTAURANT INC.
> **$353K** approved 01/20/2021 · Paid in Full · Loan `2128138308`
## Borrower
- **Name:** SCHOONER RESTAURANT INC.
- **Address:** 1507 S Highway 69, Nederland, TX, 77627-7807
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $355K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $353K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*