# PPP loan: SILVER SPRING GYMNASTICS & FITNESS INC.
> **$555K** approved 04/04/2020 · Paid in Full · Loan `4598177001`
## Borrower
- **Name:** SILVER SPRING GYMNASTICS & FITNESS INC.
- **Address:** 2701 Pittman Drive, SILVER SPRING, MD, 20910-1807
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Rent:** $160K
- **Utilities:** $55K
- **Health care:** $55K
- **Jobs reported:** 90
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*