PPP Loan information for Orbit lounge inc

$67,429

Orbit lounge inc was initially approved for PPP Loan of amount $67,429, the current approved amount is $67,429. The loan was approved on 04/30/2021 by The Capital One, National Association reported 10 jobs and $67,429 was used to fund payroll.

Orbit lounge inc is Existing or more than 2 years old

ORBIT LOUNGE INC

Date Approved

04/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ORBIT LOUNGE INC

Borrower Address

538 Market St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-2989

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67429.00

Current Approval Amount

67429.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-2989

CD

NJ-08

Jobs Reported

10

NAICS Code

722410

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

67424.00

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

Corporation

Originating Lender Location Id

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67874.78

Forgiveness Date

01/03/2022

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