# PPP loan: GRIT FITNESS CENTERS, LLC
> **$519K** approved 05/01/2020 · Paid in Full · Loan `1143967710`
## Borrower
- **Name:** GRIT FITNESS CENTERS, LLC
- **Address:** 864 W 16TH ST, NEWPORT BEACH, CA, 92663
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Rent:** $155K
- **Utilities:** $7K
- **Health care:** $5K
- **Debt interest:** $10K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*