# PPP loan: USA BASKETBALL
> **$541K** approved 04/28/2020 · Paid in Full · Loan `8651017204`
## Borrower
- **Name:** USA BASKETBALL
- **Address:** 27 S. Tejon Street, Ste 100, COLORADO SPRINGS, CO, 80903-1542
- **NAICS:** 711211
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Rent:** $135K
- **Jobs reported:** 33
## Lender
- **Originating:** ANB Bank
- **Servicing:** ANB Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*