# PPP loan: MIKE'S FITNESS INC
> **$163K** approved 08/05/2020 · Charged Off · Loan `3813098203`
## Borrower
- **Name:** MIKE'S FITNESS INC
- **Address:** 7500 sw 61st ave, SOUTH MIAMI, FL, 33143-1712
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Status:** Charged Off
- **Term:** 14 months
## Use of funds
- **Payroll:** $122K
- **Utilities:** $41K
- **Jobs reported:** 1
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*