# PPP loan: TEAM ACADEMY
> **$250K** approved 02/12/2021 · Paid in Full · Loan `7904968404`
## Borrower
- **Name:** TEAM ACADEMY
- **Address:** 220 17th Ave NE, Waseca, MN, 56093-2753
- **NAICS:** 611110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Minnwest Bank
- **Servicing:** Minnwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*