# PPP loan: ARMSTRONG MECHANICAL COMPANY, INC
> **$1.30M** approved 04/13/2020 · Paid in Full · Loan `5443527108`
## Borrower
- **Name:** ARMSTRONG MECHANICAL COMPANY, INC
- **Address:** 710 E. 40th Street, LUBBOCK, TX, 79404-3006
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Rent:** $7K
- **Utilities:** $5K
- **Health care:** $103K
- **Jobs reported:** 109
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*