# PPP loan: VARELA AND ASSOCIATES INC
> **$391K** approved 01/22/2021 · Paid in Full · Loan `3435108304`
## Borrower
- **Name:** VARELA AND ASSOCIATES INC
- **Address:** 601 W Mallon Ave, Spokane, WA, 99201-2100
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $391K
- **Initial approval:** $391K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $391K
- **Jobs reported:** 18
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*