# PPP loan: ARMADA RUBBER MANUFACTURING COMPANY
> **$930K** approved 04/30/2020 · Paid in Full · Loan `4764107303`
## Borrower
- **Name:** ARMADA RUBBER MANUFACTURING COMPANY
- **Address:** 24586 Armada Ridge Road, Armada, MI, 48005-0579
- **NAICS:** 326299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $930K
- **Initial approval:** $930K
- **Forgiven:** $937K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $930K
- **Jobs reported:** 71
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*