# PPP loan: ARMSTRONG ROOFING CORP
> **$1.25M** approved 01/21/2021 · Exemption 4 · Loan `2647078305`
## Borrower
- **Name:** ARMSTRONG ROOFING CORP
- **Address:** 2343 HYLAND BLVD, STATEN ISLAND, NY, 10306
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.15M (92%)
- **Forgiveness date:** 02/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*