PPP Loan information for Sequoia automatic, inc.

$885,250

Sequoia automatic, inc. was initially approved for PPP Loan of amount $885,250, the current approved amount is $885,250. The loan was approved on 04/04/2020 by The Wintrust Bank, National Association reported 64 jobs and $885,250 was used to fund payroll.

Sequoia automatic, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Sequoia automatic, inc.

SEQUOIA AUTOMATIC, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SEQUOIA AUTOMATIC, INC.

Borrower Address

221 Erick St.

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-4594

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

885250.00

Current Approval Amount

885250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-4594

CD

IL-11

Jobs Reported

64

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

110656.00

Payroll Proceed

663938.00

Mortgage Interest Proceed

0.00

Rent Proceed

110656.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

890217.24

Forgiveness Date

11/03/2020

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