# PPP loan: VARSITY TEAM INCORPORATED
> **$374K** approved 05/06/2020 · Paid in Full · Loan `3115297407`
## Borrower
- **Name:** VARSITY TEAM INCORPORATED
- **Address:** 1233 BARTLEY PLACE, ESCONDIDO, CA, 92026
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Jobs reported:** 25
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*