# PPP loan: DONALD R HOFMANN
> **$169K** approved 05/01/2020 · Paid in Full · Loan `3429947709`
## Borrower
- **Name:** DONALD R HOFMANN
- **Address:** 440 South Guadalupe Street, San Marcos, TX, 78666
- **NAICS:** 444130
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Utilities:** $42K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*