# PPP loan: STALLION, INC.
> **$249K** approved 04/29/2020 · Exemption 4 · Loan `4162147307`
## Borrower
- **Name:** STALLION, INC.
- **Address:** 36-08 34TH STREET, LONG ISLAND CITY, NY, 11106
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $160K (64%)
- **Forgiveness date:** 09/02/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 36
## Lender
- **Originating:** Webster Bank National Association
- **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*