# PPP loan: ERMICO ENTERPRISES, INC.
> **$590K** approved 04/09/2020 · Paid in Full · Loan `1015517100`
## Borrower
- **Name:** ERMICO ENTERPRISES, INC.
- **Address:** 120 MISSISSIPPI ST, SAN FRANCISCO, CA, 94107-2524
- **NAICS:** 331524
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Rent:** $43K
- **Utilities:** $70K
- **Health care:** $48K
- **Jobs reported:** 60
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*