# PPP loan: DERMASPAMED
> **$248K** approved 04/13/2020 · Paid in Full · Loan `4502137105`
## Borrower
- **Name:** DERMASPAMED
- **Address:** 120 N Miller St, Bldg C, SANTA MARIA, CA, 93454-4542
- **NAICS:** 621111
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $16K
- **Mortgage interest:** $11K
- **Utilities:** $1K
- **Health care:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*