# PPP loan: SUDBURY RACQUET CLUB INC.
> **$724K** approved 04/06/2020 · Paid in Full · Loan `5877197004`
## Borrower
- **Name:** SUDBURY RACQUET CLUB INC.
- **Address:** 503 Boston Post Road, WAYLAND, MA, 01778-1834
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $724K
- **Initial approval:** $724K
- **Forgiven:** $731K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Rent:** $125K
- **Utilities:** $20K
- **Health care:** $16K
- **Debt interest:** $18K
- **Jobs reported:** 182
## Lender
- **Originating:** First Utah Bank
- **Servicing:** First Utah Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*