# PPP loan: ALMAR SALES COMPANY INC
> **$1.17M** approved 01/21/2021 · Paid in Full · Loan `2876478300`
## Borrower
- **Name:** ALMAR SALES COMPANY INC
- **Address:** 320 5th Ave Fl 3, New York, NY, 10001-3115
- **NAICS:** 423990
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 06/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.17M
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*