PPP Loan information for Youngs inc.

$378,079

Youngs inc. was initially approved for PPP Loan of amount $378,079, the current approved amount is $378,079. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 37 jobs and $378,079 was used to fund payroll.

Youngs inc. is New Business or 2 years or less

YOUNGS INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNGS INC.

Borrower Address

5073 Ann Arbor Rd

Borrower City

Dundee

Borrower State

MI

Borrower Zip

48131

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378079.00

Current Approval Amount

378079.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Dundee

Project County Name

MONROE

Project State

MI

Project Zip

48131-0001

CD

MI-05

Jobs Reported

37

NAICS Code

424990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

378079.00

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

380533.92

Forgiveness Date

12/30/2020

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