# PPP loan: DAVID SILVERMAN AND ASSOCIATES, INC
> **$418K** approved 04/14/2020 · Paid in Full · Loan `5731647103`
## Borrower
- **Name:** DAVID SILVERMAN AND ASSOCIATES, INC
- **Address:** 3217 HONOLULU AVE, LA CRESCENTA, CA, 91214-3328
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $56K
- **Mortgage interest:** $25K
- **Utilities:** $2K
- **Jobs reported:** 22
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*