PPP Loan information for Lerman and son orthotics and prosthetics, inc.

$522,400

Lerman and son orthotics and prosthetics, inc. was initially approved for PPP Loan of amount $522,400, the current approved amount is $522,400. The loan was approved on 04/05/2020 by The City National Bank reported 35 jobs and $522,400 was used to fund payroll.

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

LERMAN AND SON ORTHOTICS AND PROSTHETICS, INC.

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

522400.00

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

35

NAICS Code

423450

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

25300.00

Payroll Proceed

497100.00

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

Unanswered

Non Profit

Forgiveness Amount

528196.49

Forgiveness Date

06/04/2021

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