# PPP loan: LAFFERTY'S TV & APPLIANCE, IN
> **$193K** approved 04/06/2020 · Paid in Full · Loan `6249727001`
## Borrower
- **Name:** LAFFERTY'S TV & APPLIANCE, IN
- **Address:** 2801 Summerhill Rd, TEXARKANA, TX, 75503-3959
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Mortgage interest:** $16K
- **Utilities:** $12K
- **Health care:** $11K
- **Jobs reported:** 20
## Lender
- **Originating:** Texana Bank, National Association
- **Servicing:** Texana Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*