# PPP loan: TEAM INC
> **$418K** approved 04/08/2020 · Paid in Full · Loan `7865147002`
## Borrower
- **Name:** TEAM INC
- **Address:** 841 PARK EAST DR, WOONSOCKET, RI, 02895-6112
- **NAICS:** 313220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Jobs reported:** 31
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*