# PPP loan: ARGO TURBOSERVE CORPORATION
> **$1.98M** approved 04/28/2020 · Paid in Full · Loan `1377567308`
## Borrower
- **Name:** ARGO TURBOSERVE CORPORATION
- **Address:** 681 5TH AVE 11th FLOOR, NEW YORK, NY, 10022-4302
- **NAICS:** 423860
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $1.99M (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.98M
- **Jobs reported:** 124
## Lender
- **Originating:** 1st Equity Bank
- **Servicing:** 1st Equity Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*