# PPP loan: FRIENDS OF THE OBSERVATORY
> **$404K** approved 04/28/2020 · Paid in Full · Loan `9440417200`
## Borrower
- **Name:** FRIENDS OF THE OBSERVATORY
- **Address:** 2800 East Observatory Road, LOS ANGELES, CA, 90027-1255
- **NAICS:** 926110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Health care:** $8K
- **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*