# PPP loan: S&O INC
> **$540K** approved 04/28/2020 · Paid in Full · Loan `8212857207`
## Borrower
- **Name:** S&O INC
- **Address:** 15 Grumman Road West Suite 1100, Bethpage, NY, 11714
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Rent:** $39K
- **Utilities:** $29K
- **Health care:** $45K
- **Jobs reported:** 37
## 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*