# PPP loan: STEP UP ON SECOND STREET INC.
> **$2.50M** approved 04/06/2020 · Paid in Full · Loan `5609687002`
## Borrower
- **Name:** STEP UP ON SECOND STREET INC.
- **Address:** 1328 2nd Street, SANTA MONICA, CA, 90401-1103
- **NAICS:** 624229
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $3.00M
- **Forgiven:** $2.53M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.50M
- **Jobs reported:** 306
## Lender
- **Originating:** Commercial Bank of California
- **Servicing:** Commercial Bank of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*