# PPP loan: SEQUIM LODGING CORPORATION
> **$474K** approved 06/30/2020 · Exemption 4 · Loan `6855968010`
## Borrower
- **Name:** SEQUIM LODGING CORPORATION
- **Address:** 226 7th Ave N, Seattle, WA, 98109
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $70K (15%)
- **Forgiveness date:** 10/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $474K
- **Jobs reported:** 43
## Lender
- **Originating:** Mountain Pacific Bank
- **Servicing:** Mountain Pacific Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*