# PPP loan: NICHOLAS P ZITO RACING STABLE INC
> **$193K** approved 04/14/2020 · Paid in Full · Loan `6281877109`
## Borrower
- **Name:** NICHOLAS P ZITO RACING STABLE INC
- **Address:** PO BOX 588, ELMONT, NY, 11003
- **NAICS:** 112920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (102%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 26
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*