# PPP loan: ARMSTRONG FAMILY INDUSTRIES, INC.
> **$283K** approved 04/08/2020 · Paid in Full · Loan `7937577002`
## Borrower
- **Name:** ARMSTRONG FAMILY INDUSTRIES, INC.
- **Address:** 1 Printers Drive, BANGOR, ME, 04401-1333
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Jobs reported:** 27
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*