# PPP loan: TEAM I.P., INC
> **$566K** approved 04/03/2020 · Paid in Full · Loan `4592477007`
## Borrower
- **Name:** TEAM I.P., INC
- **Address:** 701 NW FEDERAL HIGHWAY SUITE 301, STUART, FL, 34994-1005
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $566K
- **Initial approval:** $566K
- **Forgiven:** $504K (89%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $566K
- **Jobs reported:** 131
## Lender
- **Originating:** First Federal Bank
- **Servicing:** First Federal Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*