# PPP loan: RAYMOND W SCHMIDT INC LLC
> **$188K** approved 04/06/2020 · Paid in Full · Loan `5957677006`
## Borrower
- **Name:** RAYMOND W SCHMIDT INC LLC
- **Address:** 1181 BRITTMOORE RD, HOUSTON, TX, 77043-5003
- **NAICS:** 425110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 9
## Lender
- **Originating:** Texas Gulf Bank, National Association
- **Servicing:** Texas Gulf Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*