# PPP loan: LAKE MERRITT FITNESS INC
> **$294K** approved 05/01/2020 · Paid in Full · Loan `4523787710`
## Borrower
- **Name:** LAKE MERRITT FITNESS INC
- **Address:** 600 GRAND AVENUE, OAKLAND, CA, 94610
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $286K (97%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 32
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*