# PPP loan: ONE SOURCE TOOL SUPPLY INC
> **$205K** approved 02/12/2021 · Paid in Full · Loan `7908458401`
## Borrower
- **Name:** ONE SOURCE TOOL SUPPLY INC
- **Address:** 341 County Road 39A, Southampton, NY, 11968-5286
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 05/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Dime Community 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*