# PPP loan: NEWCOMER, SHAFFER, SPANGLER, BREININGER & RAKES
> **$200K** approved 04/27/2020 · Paid in Full · Loan `4076797209`
## Borrower
- **Name:** NEWCOMER, SHAFFER, SPANGLER, BREININGER & RAKES
- **Address:** 117 W MAPLE ST, BRYAN, OH, 43506-1664
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $7K
- **Jobs reported:** 19
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*