# PPP loan: SEQUOIA BENEFITS & INSURANCE SERVICES, LLC
> **$4.50M** approved 04/07/2020 · Paid in Full · Loan `6817177001`
## Borrower
- **Name:** SEQUOIA BENEFITS & INSURANCE SERVICES, LLC
- **Address:** 1850 Gateway Drive, SAN MATEO, CA, 94404-4006
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.50M
- **Initial approval:** $4.50M
- **Forgiven:** $4.55M (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.37M
- **Utilities:** $1.12M
- **Jobs reported:** 251
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*