# PPP loan: RICHMOND FITNESS, INC.
> **$3.18M** approved 06/25/2020 · Paid in Full · Loan `4388448008`
## Borrower
- **Name:** RICHMOND FITNESS, INC.
- **Address:** 4200 Innslake Drive Suite 104, GLEN ALLEN, VA, 23060-3307
- **NAICS:** 713940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.18M
- **Initial approval:** $3.18M
- **Forgiven:** $3.21M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.18M
- **Jobs reported:** 500
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*