# PPP loan: LERMAN AND SON ORTHOTICS AND PROSTHETICS, INC.
> **$522K** approved 04/05/2020 · Paid in Full · Loan `5588767002`
## Borrower
- **Name:** LERMAN AND SON ORTHOTICS AND PROSTHETICS, INC.
- **Address:** 8710 WILSHIRE BLVD, BEVERLY HILLS, CA, 90211-2702
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Utilities:** $25K
- **Jobs reported:** 35
## 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*