# PPP loan: GALLANT, INC.
> **$243K** approved 04/04/2020 · Paid in Full · Loan `4768237010`
## Borrower
- **Name:** GALLANT, INC.
- **Address:** 225 Stedman St., Ste 1, LOWELL, MA, 01851-2700
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 12/07/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $42K
- **Mortgage interest:** $3K
- **Utilities:** $12K
- **Health care:** $3K
- **Jobs reported:** 49
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*