# PPP loan: LEE, HONG, DEGERMAN, KANG & SCHMADEKA, A PROFESSIONAL CORPOR
> **$1.02M** approved 04/13/2020 · Paid in Full · Loan `5010627108`
## Borrower
- **Name:** LEE, HONG, DEGERMAN, KANG & SCHMADEKA, A PROFESSIONAL CORPOR
- **Address:** 660 SO. FIGUEROA ST #2300, LOS ANGELES, CA, 90017-0016
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $766K
- **Rent:** $255K
- **Jobs reported:** 68
## Lender
- **Originating:** Centerstone SBA Lending, Inc.
- **Servicing:** Centerstone SBA Lending, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*