# PPP loan: SCHAFER, WOOD & ASSOCIATES, INC.
> **$172K** approved 04/30/2020 · Paid in Full · Loan `6939027305`
## Borrower
- **Name:** SCHAFER, WOOD & ASSOCIATES, INC.
- **Address:** 14200 N. State Hwy 289, POTTSBORO, TX, 75076
- **NAICS:** 524291
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 12
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*