# PPP loan: THE BELMONT-A RACQUETBALL AND ATHLETIC CLUB INC.
> **$227K** approved 01/31/2021 · Paid in Full · Loan `9817518301`
## Borrower
- **Name:** THE BELMONT-A RACQUETBALL AND ATHLETIC CLUB INC.
- **Address:** 4918 E 2nd St, Long Beach, CA, 90803-5318
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 84
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*