PPP Loan information for Lerman and son orthotics and prosthetics

$518,365

Lerman and son orthotics and prosthetics was initially approved for PPP Loan of amount $518,365, the current approved amount is $518,365. The loan was approved on 01/22/2021 by The City National Bank reported 28 jobs and $518,365 was used to fund payroll.

Lerman and son orthotics and prosthetics is Existing or more than 2 years old

LERMAN AND SON ORTHOTICS AND PROSTHETICS

Date Approved

01/22/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

LERMAN AND SON ORTHOTICS AND PROSTHETICS

Borrower Address

8710 Wilshire Blvd

Borrower City

Beverly Hills

Borrower State

CA

Borrower Zip

90211-2702

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

518365.00

Current Approval Amount

518365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beverly Hills

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90211-2702

CD

CA-36

Jobs Reported

28

NAICS Code

423450

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

518362.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

523562.85

Forgiveness Date

01/28/2022

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