# PPP loan: ARMSTRONG BRANDS INC.
> **$205K** approved 04/10/2020 · Paid in Full · Loan `1151997109`
## Borrower
- **Name:** ARMSTRONG BRANDS INC.
- **Address:** 1703 Union Road, BUFFALO, NY, 14224-2017
- **NAICS:** 326140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $28K
- **Mortgage interest:** $7K
- **Utilities:** $4K
- **Health care:** $11K
- **Jobs reported:** 16
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*