# PPP loan: FRIENDS OF THE OBSERVATORY
> **$340K** approved 03/03/2021 · Paid in Full · Loan `6377098504`
## Borrower
- **Name:** FRIENDS OF THE OBSERVATORY
- **Address:** 2800 E Observatory Ave, Los Angeles, CA, 90027-1255
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $347K (102%)
- **Forgiveness date:** 01/04/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Jobs reported:** 14
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*