# PPP loan: SALEM GYMNASTICS CENTER  LTD
> **$179K** approved 04/14/2020 · Paid in Full · Loan `7302747110`
## Borrower
- **Name:** SALEM GYMNASTICS CENTER  LTD
- **Address:** 4870 Country Club Road, WINSTON SALEM, NC, 27104-4504
- **NAICS:** 611620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $182K (102%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $12K
- **Utilities:** $9K
- **Jobs reported:** 21
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*