# PPP loan: SAMUEL YATES
> **$533K** approved 05/13/2020 · Exemption 4 · Loan `5870577400`
## Borrower
- **Name:** SAMUEL YATES
- **Address:** 359 County Road 1135, Maud, TX, 75567
- **NAICS:** 541330
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Mortgage interest:** $133K
- **Jobs reported:** 145
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*