# PPP loan: NEW IMAGE FITNESS & GYM LTD
> **$310K** approved 02/13/2021 · Paid in Full · Loan `8162728407`
## Borrower
- **Name:** NEW IMAGE FITNESS & GYM LTD
- **Address:** 4700 Tama St SE Ste 100, Cedar Rapids, IA, 52403-4537
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $310K
- **Utilities:** $1
- **Jobs reported:** 140
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*