Lusamerica Foods, Inc.

$5,181,900 PPP Loan in Morgan Hill, California

Loan Details

Loan Number
5854277001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$5,181,900
Current Approval
$5,181,900
Forgiveness Amount
$5,241,385
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lusamerica Foods, Inc.
Address
16480 Railroad Ave
ZIP Code
95037-5210
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424460)
Business Age
Existing or more than 2 years old
Jobs Reported
360
Estimated Revenue
$92.7M
Rural/Urban
Urban
Congressional District
CA-19

Loan Use Breakdown

Payroll
$4,015,600
Rent
$369,330
Utilities
$211,170
Health Care
$516,200
Debt Interest
$69,600

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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