Date Approved
04/05/2020
SBA Office Code
0914
Processing Method
PPP
Borrower Name
LERMAN AND SON ORTHOTICS AND PROSTHETICS, INC.
Borrower Address
8710 WILSHIRE BLVD
Borrower City
BEVERLY HILLS
Borrower State
CA
Borrower Zip
90211-2702
Loan Status Date
06/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
522400.00
Current Approval Amount
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
Servicing Lender Zip
90071-2300
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
CA-36
Jobs Reported
35
NAICS Code
423450
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
25300.00
Payroll Proceed
497100.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
528196.49
Forgiveness Date
06/04/2021