# PPP loan: ARMSTRONG MACHINE COMPANY, INC.
> **$155K** approved 04/09/2020 · Paid in Full · Loan `9724127002`
## Borrower
- **Name:** ARMSTRONG MACHINE COMPANY, INC.
- **Address:** 201 SW 7TH ST, POCAHONTAS, IA, 50574-1854
- **NAICS:** 333914
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 17
## Lender
- **Originating:** Availa Bank
- **Servicing:** Availa Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*