# PPP loan: AMES FITNESS CENTER, INC.
> **$460K** approved 04/07/2020 · Paid in Full · Loan `7267097000`
## Borrower
- **Name:** AMES FITNESS CENTER, INC.
- **Address:** 3600 University Blvd, AMES, IA, 50010-8672
- **NAICS:** 713940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Mortgage interest:** $46K
- **Utilities:** $46K
- **Jobs reported:** 48
## Lender
- **Originating:** First National Bank Ames, Iowa
- **Servicing:** First National Bank Ames, Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*