# PPP loan: CARGOBARN INC.
> **$769K** approved 04/07/2020 · Paid in Full · Loan `6894467009`
## Borrower
- **Name:** CARGOBARN INC.
- **Address:** 2109 W. Bullard Ave #101, FRESNO, CA, 93711-1211
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $769K
- **Initial approval:** $652K
- **Forgiven:** $777K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Mortgage interest:** $180K
- **Utilities:** $12K
- **Jobs reported:** 43
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*