# PPP loan: ARMINCO AIR, INC
> **$207K** approved 04/13/2020 · Paid in Full · Loan `4836237100`
## Borrower
- **Name:** ARMINCO AIR, INC
- **Address:** 1319 Shepard Dr Ste F, STERLING, VA, 20164-4415
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $5K
- **Jobs reported:** 17
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*