# PPP loan: THE NATIONAL BASKETBALL ACADEMY LLC
> **$170K** approved 02/25/2021 · Paid in Full · Loan `4050138502`
## Borrower
- **Name:** THE NATIONAL BASKETBALL ACADEMY LLC
- **Address:** 34650 Melinz Pkwy, Eastlake, OH, 44095-4052
- **NAICS:** 611620
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $155K (92%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 18
## Lender
- **Originating:** First Federal Savings & Loan Association of Lakewood
- **Servicing:** First Federal Savings & Loan Association of Lakewood (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*