# PPP loan: AMMO, INC.
> **$625K** approved 04/15/2020 · Paid in Full · Loan `8828027105`
## Borrower
- **Name:** AMMO, INC.
- **Address:** 7681 E GRAY RD, SCOTTSDALE, AZ, 85260-3469
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $625K
- **Jobs reported:** 53
## Lender
- **Originating:** Western State Bank
- **Servicing:** Western State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*