# PPP loan: ARMAT GROUP, INC.
> **$150K** approved 04/13/2020 · Paid in Full · Loan `4168547103`
## Borrower
- **Name:** ARMAT GROUP, INC.
- **Address:** 2518 Bob Bullock Loop, LAREDO, TX, 78045-6867
- **NAICS:** 811191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 34
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*