# PPP loan: VENICE BEACH HEALTH CLUB INC.
> **$165K** approved 04/29/2020 · Exemption 4 · Loan `2197237300`
## Borrower
- **Name:** VENICE BEACH HEALTH CLUB INC.
- **Address:** 1 Larkfield road, East Northport, NY, 11731
- **NAICS:** 713940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $152K (92%)
- **Forgiveness date:** 12/28/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 27
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*