# PPP loan: RICHARD YOUNG AIR CONDITIONING
> **$450K** approved 04/30/2020 · Paid in Full · Loan `7409617302`
## Borrower
- **Name:** RICHARD YOUNG AIR CONDITIONING
- **Address:** 25 West G Street, LOS BANOS, CA, 93635
- **NAICS:** 523991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 35
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*