DECISION ORDER
ORDERED that the orders are affirmed, with one bill of costs.
There was sufficient evidence to justify the piercing of the corporate veil to the extent granted here, directing the appellant corporation to pay the debt of one of its principals, given the complete disregard of corporate formalities and the personal use of corporate funds by the principal ( see, Austin Powder Co. v. McCullough, 216 A.D.2d 825, 826).
The Supreme Court properly denied the appellant's motion to vacate its defaults since it failed to demonstrate a reasonable excuse for the defaults and a meritorious defense ( see, Kolajo v. City of New York, 248 A.D.2d 512; Gerry's Foods of Oceanside v. Blue Ridge Farms, Inc., 143 A.D.2d 679; Roussodimou v. Zafiriadis, 238 A.D.2d 568.
The corporation's remaining contentions are without merit.
SANTUCCI, J.P., JOY, McGINITY, and FEUERSTEIN, JJ., concur.