# PPP loan: CAPITOL OUTDOOR INC
> **$449K** approved 01/31/2021 · Exemption 4 · Loan `9908438307`
## Borrower
- **Name:** CAPITOL OUTDOOR INC
- **Address:** 3286 M St NW # 300, Washington, DC, 20007-6140
- **NAICS:** 541850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $141K (31%)
- **Forgiveness date:** 05/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $449K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*