# PPP loan: OBSERVERA INC
> **$450K** approved 04/15/2020 · Paid in Full · Loan `8893557107`
## Borrower
- **Name:** OBSERVERA INC
- **Address:** 3856 Dulles South Court Suite I, Chantilly, VA, 20151
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $328K (73%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Rent:** $50K
- **Utilities:** $5K
- **Health care:** $50K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*