# PPP loan: THE OMC, LLC
> **$508K** approved 01/19/2021 · Paid in Full · Loan `1587078308`
## Borrower
- **Name:** THE OMC, LLC
- **Address:** 1909 W Superior St, Duluth, MN, 55806-2140
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $508K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Members Cooperative CU
- **Servicing:** Members Cooperative CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*