# PPP loan: ARMSTRONG ASSOCIATES, INC
> **$394K** approved 05/01/2020 · Paid in Full · Loan `9876877700`
## Borrower
- **Name:** ARMSTRONG ASSOCIATES, INC
- **Address:** 5375 Jean Lane, Santa Barbara, CA, 93111-1104
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $402K (102%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 22
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*