# PPP loan: OMEGA MOULDING CO.,LTS.
> **$1.49M** approved 04/15/2020 · Paid in Full · Loan `8205017106`
## Borrower
- **Name:** OMEGA MOULDING CO.,LTS.
- **Address:** 1 Sawgrass Drive, Bellport, NY, 11713
- **NAICS:** 321918
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $192K
- **Mortgage interest:** $74K
- **Utilities:** $52K
- **Health care:** $42K
- **Debt interest:** $56K
- **Jobs reported:** 161
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*