ARMGASYS INC (ID) - 2020 PPP Loan Borrower Profile (# 1730687104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARMGASYS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Idaho.

Loan Detail

Loan Number

1730687104

SBA Office Code

1087

Processing Method

PPP

Curent Loan Amount

$501,600

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$506,588.52

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

62,800

Payroll Proced

376,200

Mortgage Interest Proceed

62,600

Lender

Idaho Central CU

Business Detail

Business Type

Corporation

NAICS

541511

Borrower Location

BOISE, ID

Project Location

BOISE, ID

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.