# PPP loan: SAGEN TRUST COMPANY, INC.
> **$235K** approved 04/13/2020 · Paid in Full · Loan `4376437110`
## Borrower
- **Name:** SAGEN TRUST COMPANY, INC.
- **Address:** 15 EXCHANGE PL STE 320, JERSEY CITY, NJ, 07302-3902
- **NAICS:** 523991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $20K
- **Health care:** $15K
- **Jobs reported:** 8
## 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*