New Image Fitness and Gym, Ltd

$310,000 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
6143077009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$310,000
Current Approval
$310,000
Forgiveness Amount
$312,644
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Image Fitness and Gym, Ltd
Address
4700 Tama St
State
Iowa
ZIP Code
52403-4537
Business Type
Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (713940)
Business Age
Existing or more than 2 years old
Jobs Reported
140
Estimated Revenue
$19.6M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$248,000
Rent
$31,000
Utilities
$31,000

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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