# PPP loan: SHERMAN DESIGN CENTER INC
> **$236K** approved 01/20/2021 · Paid in Full · Loan `2232258309`
## Borrower
- **Name:** SHERMAN DESIGN CENTER INC
- **Address:** 4039 Lincoln Blvd, Marina del Rey, CA, 90292-5613
- **NAICS:** 442299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $235K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*