# PPP loan: ONIT INC
> **$358K** approved 04/28/2020 · Paid in Full · Loan `7675497208`
## Borrower
- **Name:** ONIT INC
- **Address:** 55 Broad Street 16th Floor, New York, NY, 10004
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Rent:** $11K
- **Utilities:** $4K
- **Jobs reported:** 40
## Lender
- **Originating:** Alma Bank
- **Servicing:** Alma Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*