Sequoia Automatic, Inc.
$885,250 PPP Loan in Crystal Lake, Illinois
Loan Details
- Loan Number
- 5062647007
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $885,250
- Current Approval
- $885,250
- Forgiveness Amount
- $890,217
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sequoia Automatic, Inc.
- Address
- 221 Erick St.
- City
- Crystal Lake
- State
- Illinois
- ZIP Code
- 60014-4594
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 64
- Estimated Revenue
- $15.6M
- Rural/Urban
- Urban
- Congressional District
- IL-11
Loan Use Breakdown
- Payroll
- $663,938
- Rent
- $110,656
- Utilities
- $110,656
Lender Information
- Servicing Lender
- Wintrust Bank, National Association
- Originating Lender
- Wintrust Bank, National Association
Other PPP Loans in Crystal Lake, IL
| Business | Approved | |
|---|---|---|
| Baxter & Woodman, INC | $4,450,600 | |
| General Kinematics Corporation | $3,011,200 | |
| Althoff Industries, Inc. | $2,469,900 | |
| Eisenmann Corporation | $2,358,000 | |
| Jimmy'z Masonry Corp. | $2,287,400 |
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