# PPP loan: WORKOUT CLUB & WELLNESS CENTER OF SALEM, INC.
> **$261K** approved 04/15/2020 · Paid in Full · Loan `9638017106`
## Borrower
- **Name:** WORKOUT CLUB & WELLNESS CENTER OF SALEM, INC.
- **Address:** 16 PELHAM RD, SALEM, NH, 03079-3077
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $65K
- **Jobs reported:** 21
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*