PPP Loan information for Sequon, inc.

$716,193

Sequon, inc. was initially approved for PPP Loan of amount $716,193, the current approved amount is $716,193. The loan was approved on 04/30/2020 by The American Express National Bank reported 65 jobs and $716,193 was used to fund payroll.

Sequon, inc. is Existing or more than 2 years old

SEQUON, INC.

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEQUON, INC.

Borrower Address

601 Chinquapin Round Road

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

716192.50

Current Approval Amount

716192.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-0001

CD

MD-03

Jobs Reported

65

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

676801.91

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39390.59

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

723099.34

Forgiveness Date

04/23/2021

;