PPP Loan information for The belmont - a racquetball & athletic club inc

$227,300

The belmont - a racquetball & athletic club inc was initially approved for PPP Loan of amount $227,300, the current approved amount is $227,300. The loan was approved on 04/11/2020 by The Farmers & Merchants Bank of Long Beach reported 16 jobs and $227,300 was used to fund payroll.

The belmont - a racquetball & athletic club inc is Existing or more than 2 years old

THE BELMONT - A RACQUETBALL & ATHLETIC CLUB INC

Date Approved

04/11/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE BELMONT - A RACQUETBALL & ATHLETIC CLUB INC

Borrower Address

4918 E 2ND ST

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90803-5318

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227300.00

Current Approval Amount

227300.00

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

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90803-5318

CD

CA-42

Jobs Reported

16

NAICS Code

713940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227300.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

229728.68

Forgiveness Date

05/13/2021

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