Grit Fitness Centers, LLC

$518,752 PPP Loan in Newport Beach, California

Loan Details

Loan Number
1143967710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$518,752
Current Approval
$518,752
Forgiveness Amount
$523,892
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grit Fitness Centers, LLC
Address
864 W 16th St
ZIP Code
92663
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Arts, Entertainment, and Recreation (713940)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$70.0M
Rural/Urban
Urban
Congressional District
CA-47

Loan Use Breakdown

Payroll
$341,752
Rent
$155,000
Utilities
$7,000
Health Care
$5,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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