# PPP loan: SHERMAN DESIGN CENTER INC
> **$242K** approved 04/30/2020 · Paid in Full · Loan `6382817308`
## Borrower
- **Name:** SHERMAN DESIGN CENTER INC
- **Address:** 4039 Lincoln Blvd, Marina del Rey, CA, 90292
- **NAICS:** 442299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $246K (102%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 24
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*