# PPP loan: ARMORTEX INC
> **$552K** approved 05/10/2020 · Paid in Full · Loan `4616727408`
## Borrower
- **Name:** ARMORTEX INC
- **Address:** 5926 Corridor Pkwy, Schertz, TX, 78154
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $558K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $552K
- **Jobs reported:** 48
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*