# PPP loan: YOUNG CHAMPIONS RECREATION PROGRAMS INC
> **$229K** approved 02/09/2021 · Exemption 4 · Loan `6006618408`
## Borrower
- **Name:** YOUNG CHAMPIONS RECREATION PROGRAMS INC
- **Address:** 322 Oak Pl Ste B, Brea, CA, 92821-4135
- **NAICS:** 713990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $130K (57%)
- **Forgiveness date:** 10/20/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 80
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*