# PPP loan: THE VARSITY INC.
> **$1.38M** approved 01/27/2021 · Paid in Full · Loan `6943148305`
## Borrower
- **Name:** THE VARSITY INC.
- **Address:** 3550 George Busbee Pkwy NW Ste 210, Kennesaw, GA, 30144-2101
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.38M
- **Utilities:** $1
- **Jobs reported:** 92
## Lender
- **Originating:** SouthState Bank National Association
- **Servicing:** SouthState Bank, National Association (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*