# PPP loan: SEDONA TECHNOLOGIES INC
> **$1.89M** approved 04/27/2020 · Paid in Full · Loan `5702727202`
## Borrower
- **Name:** SEDONA TECHNOLOGIES INC
- **Address:** 612 VALLEY VIEW DR, MOLINE, IL, 61265-6100
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.89M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.89M
- **Jobs reported:** 132
## Lender
- **Originating:** Farmers & Merchants Bank & Trust
- **Servicing:** Farmers & Merchants Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*