# PPP loan: R.F. SPORNHAUER INC
> **$201K** approved 04/06/2020 · Paid in Full · Loan `6002647010`
## Borrower
- **Name:** R.F. SPORNHAUER INC
- **Address:** 2508 TULANE DRIVE, LUFKIN, TX, 75901-7245
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 40
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*