# PPP loan: COOSEMANS L.A. SHIPPING, INC.
> **$416K** approved 04/07/2020 · Paid in Full · Loan `6830967007`
## Borrower
- **Name:** COOSEMANS L.A. SHIPPING, INC.
- **Address:** 2820 E.  44TH ST, VERNON, CA, 90058-2402
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $26K
- **Mortgage interest:** $354K
- **Utilities:** $14K
- **Health care:** $22K
- **Jobs reported:** 37
## 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*