# PPP loan: SCHAFFER PLUMBING INC
> **$189K** approved 04/28/2020 · Paid in Full · Loan `7971667205`
## Borrower
- **Name:** SCHAFFER PLUMBING INC
- **Address:** 10370 HIGHWAY 46, BON AQUA, TN, 37025-2746
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 23
## Lender
- **Originating:** First Federal Bank
- **Servicing:** First Federal Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*