# PPP loan: YOUNG CHAMPIONS RECREATION PROGRAMS, INC
> **$229K** approved 05/01/2020 · Exemption 4 · Loan `5873307700`
## Borrower
- **Name:** YOUNG CHAMPIONS RECREATION PROGRAMS, INC
- **Address:** 1717 S Grand Ave, Santa Ana, CA, 92705
- **NAICS:** 611699
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $145K (63%)
- **Forgiveness date:** 01/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 75
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*