# PPP loan: LIPSKY & ASSOCIATES, INC.
> **$246K** approved 04/06/2020 · Paid in Full · Loan `5798547004`
## Borrower
- **Name:** LIPSKY & ASSOCIATES, INC.
- **Address:** 1400 SANTA FE DR STE 200, WEATHERFORD, TX, 76086-5824
- **NAICS:** 522292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $250K (102%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 37
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*