# PPP loan: COVERANCE INSURANCE SOLUTIONS, INC.
> **$574K** approved 05/01/2020 · Paid in Full · Loan `2195677702`
## Borrower
- **Name:** COVERANCE INSURANCE SOLUTIONS, INC.
- **Address:** 100 W Broadway Ste 3000, Long Beach, CA, 90802
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $444K
- **Rent:** $70K
- **Utilities:** $40K
- **Health care:** $20K
- **Jobs reported:** 35
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*