ACADEMY FITS, INC. (CA) - 2020 PPP Loan Borrower Profile (# 5707447102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY FITS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

5707447102

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$74,200

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$74,710.25

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,400

Payroll Proced

55,650

Mortgage Interest Proceed

3,300

Rent Proceed

11,850

Lender

Centerstone SBA Lending, Inc.

Business Detail

Business Type

Corporation

NAICS

423990

Borrower Location

LOS ANGELES, CA

Project Location

LOS ANGELES, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.