# PPP loan: BLACK HORSE GROUP
> **$370K** approved 04/13/2020 · Paid in Full · Loan `5418337108`
## Borrower
- **Name:** BLACK HORSE GROUP
- **Address:** 800 STARBUCK AVE Suite AB-100, WATERTOWN, NY, 13601-1678
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $40K
- **Utilities:** $24K
- **Debt interest:** $10K
- **Jobs reported:** 13
## Lender
- **Originating:** Watertown Savings Bank
- **Servicing:** Watertown Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*