# PPP loan: GYM MANAGEMENT SERVICES INC
> **$700K** approved 04/11/2020 · Exemption 4 · Loan `3438217105`
## Borrower
- **Name:** GYM MANAGEMENT SERVICES INC
- **Address:** 19835 Nordoff St, NORTHRIDGE, CA, 91324
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $481K (69%)
- **Forgiveness date:** 10/21/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 46
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*