# PPP loan: ARCHER SERVICES, LLC
> **$299K** approved 04/27/2020 · Paid in Full · Loan `4341877200`
## Borrower
- **Name:** ARCHER SERVICES, LLC
- **Address:** 326 S. TEXAS AVE. SUITE 2-B, Mercedes, TX, 78570-3126
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $75K
- **Jobs reported:** 67
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*