# PPP loan: SHARON YOUNG, INC.
> **$1.60M** approved 04/14/2020 · Paid in Full · Loan `5933297103`
## Borrower
- **Name:** SHARON YOUNG, INC.
- **Address:** 10367 Brockwood Rd, DALLAS, TX, 75238-1656
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Rent:** $110K
- **Utilities:** $40K
- **Jobs reported:** 120
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*