PPP Loan information for Pound4pound fitness equipment

$40,200

Pound4pound fitness equipment was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,200. The loan was approved on 02/07/2021 by The Union National Bank reported 5 jobs and $40,200 was used to fund payroll.

Pound4pound fitness equipment is Existing or more than 2 years old

POUND4POUND FITNESS EQUIPMENT

Date Approved

02/07/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

POUND4POUND FITNESS EQUIPMENT

Borrower Address

8550 Ridgefield Rd Ste D

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60012-2800

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60012-2800

CD

IL-11

Jobs Reported

5

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40197.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40682.40

Forgiveness Date

04/21/2022

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