# PPP loan: ALMAR SALES CO INC
> **$1.39M** approved 04/27/2020 · Paid in Full · Loan `4080377204`
## Borrower
- **Name:** ALMAR SALES CO INC
- **Address:** 320 5TH AVE FL 3, NEW YORK, NY, 10001-3115
- **NAICS:** 339910
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Mortgage interest:** $173K
- **Utilities:** $173K
- **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*