# PPP loan: NEW ENGLAND FITNESS AND WELLNESS, LLC
> **$1.54M** approved 04/29/2020 · Exemption 4 · Loan `2449707307`
## Borrower
- **Name:** NEW ENGLAND FITNESS AND WELLNESS, LLC
- **Address:** 622 HEBRON AVE, GLASTONBURY, CT, 06033
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.43M (93%)
- **Forgiveness date:** 01/31/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 482
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*