PPP Loan information for Movara fitness resort

$226,980

Movara fitness resort was initially approved for PPP Loan of amount $226,980, the current approved amount is $226,980. The loan was approved on 01/21/2021 by The Cache Valley Bank reported 62 jobs and $226,980 was used to fund payroll.

Movara fitness resort is Existing or more than 2 years old

MOVARA FITNESS RESORT

Date Approved

01/21/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MOVARA FITNESS RESORT

Borrower Address

290 W Fitness Way

Borrower City

Ivins

Borrower State

UT

Borrower Zip

84738-6742

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226980.00

Current Approval Amount

226980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ivins

Project County Name

WASHINGTON

Project State

UT

Project Zip

84738-6742

CD

UT-02

Jobs Reported

62

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226980.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230050.54

Forgiveness Date

06/01/2022

;