# PPP loan: SOVEREIGN MEDIA COMPANY, INC.
> **$160K** approved 04/15/2020 · Paid in Full · Loan `1847287204`
## Borrower
- **Name:** SOVEREIGN MEDIA COMPANY, INC.
- **Address:** 6731 WHITTIER AVE Suite C-100, MC LEAN, VA, 22101-4553
- **NAICS:** 541830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 13
## Lender
- **Originating:** Jersey Shore State Bank
- **Servicing:** Jersey Shore State Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*