# PPP loan: YOUNG CIMTECH LLC
> **$365K** approved 04/15/2020 · Paid in Full · Loan `2076657203`
## Borrower
- **Name:** YOUNG CIMTECH LLC
- **Address:** 325 Park East Blvd, NEW ALBANY, IN, 47150
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $29K
- **Mortgage interest:** $939
- **Utilities:** $12K
- **Health care:** $15K
- **Debt interest:** $18K
- **Jobs reported:** 28
## 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*