# PPP loan: TEAM SAILING, INC
> **$1.24M** approved 04/09/2020 · Paid in Full · Loan `9866607010`
## Borrower
- **Name:** TEAM SAILING, INC
- **Address:** 24165 IH 10 W Ste 217-645, SAN ANTONIO, TX, 78257-1161
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Mortgage interest:** $20K
- **Utilities:** $6K
- **Jobs reported:** 230
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*