PPP Loan information for The observer inc.

$155,200

The observer inc. was initially approved for PPP Loan of amount $155,200, the current approved amount is $155,200. The loan was approved on 02/10/2021 by The Village Bank reported 11 jobs and $155,200 was used to fund payroll.

The observer inc. is Existing or more than 2 years old

THE OBSERVER INC.

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE OBSERVER INC.

Borrower Address

4600 Market Square Lane

Borrower City

Midlothian

Borrower State

VA

Borrower Zip

23112

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155200.00

Current Approval Amount

155200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midlothian

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23112

CD

VA-04

Jobs Reported

11

NAICS Code

511110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155197.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156152.76

Forgiveness Date

09/21/2021

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