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