# PPP loan: ARMCO SERVICES, INC.
> **$157K** approved 04/14/2020 · Paid in Full · Loan `7356067102`
## Borrower
- **Name:** ARMCO SERVICES, INC.
- **Address:** 2061 HWY. 98 W, SUMMIT, MS, 39666-9139
- **NAICS:** 112340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 96
## Lender
- **Originating:** Pike National Bank
- **Servicing:** Pike National Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*