# PPP loan: OEM MATERIALS & SUPPLIES, INC
> **$208K** approved 05/03/2020 · Exemption 4 · Loan `9928387306`
## Borrower
- **Name:** OEM MATERIALS & SUPPLIES, INC
- **Address:** 1500 RITCHEY ST, SANTA ANA, CA, 92705-4731
- **NAICS:** 561910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $110K (53%)
- **Forgiveness date:** 02/16/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*