# PPP loan: J&R SPORTSPLEX INC.
> **$164K** approved 03/05/2021 · Paid in Full · Loan `7000998508`
## Borrower
- **Name:** J&R SPORTSPLEX INC.
- **Address:** 1437 S Walnut Ave, New Braunfels, TX, 78130-1110
- **NAICS:** 611620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Schertz Bank & Trust
- **Servicing:** Schertz Bank & Trust (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*