# PPP loan: SECO USA, INC.
> **$367K** approved 04/14/2020 · Paid in Full · Loan `6711217100`
## Borrower
- **Name:** SECO USA, INC.
- **Address:** 30 WEST GUDE DRIVE SUITE 550, ROCKVILLE, MD, 20850
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $343K (94%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Rent:** $29K
- **Jobs reported:** 19
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*