# PPP loan: ARMA CONTAINER CORP.
> **$1.75M** approved 01/25/2021 · Paid in Full · Loan `5807758301`
## Borrower
- **Name:** ARMA CONTAINER CORP.
- **Address:** 65 N Industry Ct, Deer Park, NY, 11729-4601
- **NAICS:** 322211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.76M (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.75M
- **Utilities:** $1
- **Jobs reported:** 132
## 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*