PPP Loan information for The bowie racquet & fitness club

$281,200

The bowie racquet & fitness club was initially approved for PPP Loan of amount $281,200, the current approved amount is $281,200. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 100 jobs and $281,200 was used to fund payroll.

The bowie racquet & fitness club is Existing or more than 2 years old

THE BOWIE RACQUET & FITNESS CLUB

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE BOWIE RACQUET & FITNESS CLUB

Borrower Address

100 White Marsh Park Dr

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20715-4361

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281200.00

Current Approval Amount

281200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20715-4361

CD

MD-05

Jobs Reported

100

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281200.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

284832.17

Forgiveness Date

09/10/2021

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