# PPP loan: FRESCO'S GYM, LLC
> **$1.37M** approved 04/08/2020 · Charged Off · Loan `8191937000`
## Borrower
- **Name:** FRESCO'S GYM, LLC
- **Address:** 1429 Abbot Kinney Blvd, Venice, CA, 90291-3740
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $656K (48%)
- **Forgiveness date:** 10/07/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 177
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*