# PPP loan: SP 26 DIST INC.
> **$164K** approved 06/25/2020 · Exemption 4 · Loan `4384978006`
## Borrower
- **Name:** SP 26 DIST INC.
- **Address:** 180 27th St, Brooklyn, NY, 11232-1625
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $160K (97%)
- **Forgiveness date:** 07/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 24
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*