# PPP loan: SEQUEL SYSTEMS INC
> **$180K** approved 04/14/2020 · Paid in Full · Loan `6224057103`
## Borrower
- **Name:** SEQUEL SYSTEMS INC
- **Address:** 5345 Towne Square Drive Suite 125, FRISCO, TX, 75033
- **NAICS:** 621999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 14
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*