# PPP loan: CARGO SYSTEMS INC.
> **$665K** approved 02/26/2021 · Paid in Full · Loan `4569818501`
## Borrower
- **Name:** CARGO SYSTEMS INC.
- **Address:** 8605 Rugby Dr, West Hollywood, CA, 90069-4605
- **NAICS:** 541850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $665K
- **Initial approval:** $665K
- **Forgiven:** $674K (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $665K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*