# PPP loan: CARGOSENSE, INC.
> **$204K** approved 04/15/2020 · Paid in Full · Loan `1877237201`
## Borrower
- **Name:** CARGOSENSE, INC.
- **Address:** 11921 Freedom Drive Suite 550, Reston, VA, 20190
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $24K
- **Jobs reported:** 11
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*