ACADEMY OF YOUNG MINDS SOUTH INC. (OH) - 2020 PPP Loan Borrower Profile (# 5057888501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY OF YOUNG MINDS SOUTH 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

5057888501

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$88,857.5

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$89,541.58

Date Loan was Forgiven

Dec 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

88,854.5

Lender

Westfield Bank, FSB

Business Detail

Business Type

Cooperative

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.