# PPP loan: PEARSON LAW FIRM, P.C.
> **$180K** approved 04/08/2020 · Paid in Full · Loan `8000217005`
## Borrower
- **Name:** PEARSON LAW FIRM, P.C.
- **Address:** 520 S MAIN ST, BELTON, TX, 76513-3462
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 15
## Lender
- **Originating:** Extraco Banks National Association
- **Servicing:** Extraco Banks National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*