# PPP loan: MATERN LAW GROUP, PC
> **$961K** approved 04/14/2020 · Paid in Full · Loan `6380127102`
## Borrower
- **Name:** MATERN LAW GROUP, PC
- **Address:** 1230 ROSECRANS AVE, MANHATTAN BEACH, CA, 90266-2497
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $961K
- **Initial approval:** $961K
- **Forgiven:** $971K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Mortgage interest:** $98K
- **Health care:** $55K
- **Debt interest:** $17K
- **Jobs reported:** 43
## 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*