# PPP loan: YOUNG MIND CENTER, INC.
> **$457K** approved 04/09/2020 · Paid in Full · Loan `9470097005`
## Borrower
- **Name:** YOUNG MIND CENTER, INC.
- **Address:** 3202 E Mountain View, PHOENIX, AZ, 85028-3901
- **NAICS:** 621112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $41K
- **Mortgage interest:** $28K
- **Utilities:** $22K
- **Jobs reported:** 32
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*