# PPP loan: OMADA WORLDWIDE EXPEDITE INC
> **$370K** approved 04/14/2020 · Charged Off · Loan `7201337106`
## Borrower
- **Name:** OMADA WORLDWIDE EXPEDITE INC
- **Address:** 853 COLUMBIA RD, PLAINFIELD, IN, 46168-7561
- **NAICS:** 492110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $260K (70%)
- **Forgiveness date:** 12/15/2021
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $370K
- **Jobs reported:** 27
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*