# PPP loan: HERRMAN & HERRMAN, PLLC
> **$738K** approved 04/27/2020 · Paid in Full · Loan `4013947209`
## Borrower
- **Name:** HERRMAN & HERRMAN, PLLC
- **Address:** 1201 3RD ST, CORPUS CHRISTI, TX, 78404-2313
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $742K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $627K
- **Rent:** $81K
- **Utilities:** $13K
- **Health care:** $17K
- **Jobs reported:** 85
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*