# PPP loan: RACQUET WORLD INC DBA TENNIS PLAZA
> **$599K** approved 04/05/2020 · Paid in Full · Loan `5469557006`
## Borrower
- **Name:** RACQUET WORLD INC DBA TENNIS PLAZA
- **Address:** 2749 NW 82nd Ave, MIAMI, FL, 33122-1041
- **NAICS:** 451110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $599K
- **Initial approval:** $557K
- **Forgiven:** $606K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Utilities:** $150K
- **Jobs reported:** 80
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*