ACADEMY OF YOUNG MINDS, INC. (OH) - 2020 PPP Loan Borrower Profile (# 5132297005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY OF YOUNG MINDS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Ohio.

Loan Detail

Loan Number

5132297005

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$85,420

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$86,559.71

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

85,420

Lender

Westfield Bank, FSB

Business Detail

Business Type

Corporation

NAICS

624410

Borrower Location

WADSWORTH, OH

Project Location

WADSWORTH, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.