PPP Loan information for Foundation fitness llc

$2,045,200

Foundation fitness llc was initially approved for PPP Loan of amount $2,045,200, the current approved amount is $2,045,200. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 119 jobs and $2,045,200 was used to fund payroll.

Foundation fitness llc is New Business or 2 years or less

FOUNDATION FITNESS LLC

Date Approved

04/04/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FOUNDATION FITNESS LLC

Borrower Address

606 SE 9TH AVE

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97214-2207

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2045200.00

Current Approval Amount

2045200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42727

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

529 Lincoln Ave

Servicing Lender City

YORK

Servicing Lender State

NE

Servicing Lender Zip

68467-2944

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97214-2207

CD

OR-03

Jobs Reported

119

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2045200.00

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

42727

Originating Lender

Cornerstone Bank

Originating Lender City

YORK

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2069458.34

Forgiveness Date

06/11/2021

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