# PPP loan: VARNAM INCORPORATED
> **$249K** approved 04/28/2020 · Paid in Full · Loan `6824987202`
## Borrower
- **Name:** VARNAM INCORPORATED
- **Address:** 328 S Military TRAIL, DEERFIELD BEACH, FL, 33442-3007
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $62K
- **Jobs reported:** 35
## 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*