# PPP loan: A B YOUNG CO INC
> **$150K** approved 04/10/2020 · Paid in Full · Loan `1440907100`
## Borrower
- **Name:** A B YOUNG CO INC
- **Address:** 14701 CUMBERLAND RD SUITE 190, NOBLESVILLE, IN, 46060-3098
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $202K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 8
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*