PPP Loan information for South end racquet and health club inc

$322,500

South end racquet and health club inc was initially approved for PPP Loan of amount $322,500, the current approved amount is $322,500. The loan was approved on 01/29/2021 by The Farmers & Merchants Bank of Long Beach reported 40 jobs and $322,500 was used to fund payroll.

South end racquet and health club inc is Existing or more than 2 years old

SOUTH END RACQUET AND HEALTH CLUB INC

Date Approved

01/29/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SOUTH END RACQUET AND HEALTH CLUB INC

Borrower Address

2800 Skypark Dr

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90505-5316

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322500.00

Current Approval Amount

322500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-5316

CD

CA-36

Jobs Reported

40

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

322495.00

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

Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

324594.04

Forgiveness Date

09/28/2021

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