# PPP loan: ARMSTRONG OPERATING COMPANY, LLC
> **$161K** approved 04/06/2020 · Paid in Full · Loan `5828527000`
## Borrower
- **Name:** ARMSTRONG OPERATING COMPANY, LLC
- **Address:** 4418 Ocean Dr., CORPUS CHRISTI, TX, 78412-2535
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $16K
- **Utilities:** $16K
- **Jobs reported:** 17
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*