# PPP loan: LUSAMERICA FOODS, INC.
> **$5.18M** approved 04/06/2020 · Paid in Full · Loan `5854277001`
## Borrower
- **Name:** LUSAMERICA FOODS, INC.
- **Address:** 16480 RAILROAD AVE, MORGAN HILL, CA, 95037-5210
- **NAICS:** 424460
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.18M
- **Initial approval:** $5.18M
- **Forgiven:** $5.24M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.02M
- **Rent:** $369K
- **Utilities:** $211K
- **Health care:** $516K
- **Debt interest:** $70K
- **Jobs reported:** 360
## 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*