PPP Loan information for Olbn, inc

$499,340

Olbn, inc was initially approved for PPP Loan of amount $499,340, the current approved amount is $499,340. The loan was approved on 04/16/2020 by The Forbright Bank reported 45 jobs and $499,340 was used to fund payroll.

Olbn, inc is Existing or more than 2 years old

OLBN, INC

Date Approved

04/16/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OLBN, INC

Borrower Address

200 JEFFERSON PLZ Ste 205

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-1150

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499339.82

Current Approval Amount

499339.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1150

CD

MD-08

Jobs Reported

45

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

499339.82

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502446.82

Forgiveness Date

12/04/2020

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