PPP Loan information for Young's inc

$378,080

Young's inc was initially approved for PPP Loan of amount $378,080, the current approved amount is $378,080. The loan was approved on 02/09/2021 by The Bank of America, National Association reported 37 jobs and $378,080 was used to fund payroll.

Young's inc is Existing or more than 2 years old

YOUNG'S INC

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

YOUNG'S INC

Borrower Address

5073 N Ann Arbor Rd

Borrower City

Dundee

Borrower State

MI

Borrower Zip

48131-9759

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

378080.00

Current Approval Amount

378080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dundee

Project County Name

MONROE

Project State

MI

Project Zip

48131-9759

CD

MI-05

Jobs Reported

37

NAICS Code

424990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

378078.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381425.75

Forgiveness Date

01/03/2022

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