# PPP loan: YOUNG AUTOMOTIVE JACKSON INC
> **$327K** approved 04/10/2020 · Paid in Full · Loan `1869457110`
## Borrower
- **Name:** YOUNG AUTOMOTIVE JACKSON INC
- **Address:** 3500 Page Ave 0.0, Jackson, MI, 49203-2320
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $53K
- **Mortgage interest:** $1K
- **Utilities:** $14K
- **Health care:** $11K
- **Debt interest:** $2K
- **Jobs reported:** 25
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*