# PPP loan: ARMI MANUFACTURING OF NWA, LLC
> **$538K** approved 04/15/2020 · Paid in Full · Loan `8532997104`
## Borrower
- **Name:** ARMI MANUFACTURING OF NWA, LLC
- **Address:** 2575 S ARMSTRONG AVE, FAYETTEVILLE, AR, 72701-7281
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $403K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 31
## Lender
- **Originating:** Generations Bank
- **Servicing:** Generations Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*