# PPP loan: OCMC INC.
> **$347K** approved 04/12/2020 · Exemption 4 · Loan `3934577107`
## Borrower
- **Name:** OCMC INC.
- **Address:** 10000 CRAWFORD CANYON RD, SANTA ANA, CA, 92705-1408
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $135K (39%)
- **Forgiveness date:** 09/07/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $57K
- **Utilities:** $10K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 79
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*