# PPP loan: SEQUOIA CONCEPTS, INC.
> **$594K** approved 04/12/2020 · Paid in Full · Loan `3701487103`
## Borrower
- **Name:** SEQUOIA CONCEPTS, INC.
- **Address:** 28632 ROADSIDE DR STE 110, AGOURA HILLS, CA, 91301-3309
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $601K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Rent:** $118K
- **Utilities:** $698
- **Health care:** $67K
- **Jobs reported:** 50
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*