# PPP loan: BAILEY'S GYM INC.
> **$1.56M** approved 02/11/2021 · Paid in Full · Loan `7290578410`
## Borrower
- **Name:** BAILEY'S GYM INC.
- **Address:** 1418 Romney St, Jacksonville, FL, 32211-5349
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.42M (91%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.56M
- **Jobs reported:** 272
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*