# PPP loan: ROBERT P. SCHMID M.D., P.A.
> **$269K** approved 04/09/2020 · Paid in Full · Loan `9807187004`
## Borrower
- **Name:** ROBERT P. SCHMID M.D., P.A.
- **Address:** 10105 Quaker Avenue, LUBBOCK, TX, 79424-7380
- **NAICS:** 621111
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $45K
- **Utilities:** $9K
- **Health care:** $25K
- **Jobs reported:** 18
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*