# PPP loan: ASHLAND AREA YMCA
> **$227K** approved 04/05/2020 · Paid in Full · Loan `5579977004`
## Borrower
- **Name:** ASHLAND AREA YMCA
- **Address:** 3232 Megan Neyer Way, ASHLAND, KY, 41102-7741
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $15K
- **Health care:** $10K
- **Jobs reported:** 100
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*