ARMALOU EQUIPMENT CO, INC. (MA) - 2020 PPP Loan Borrower Profile (# 4374967210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARMALOU EQUIPMENT CO, 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 Massachusetts.

Loan Detail

Loan Number

4374967210

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$12,700

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$12,824.18

Date Loan was Forgiven

Apr 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,058

Payroll Proced

9,525

Mortgage Interest Proceed

1,058

Health Care Proceed

1,059

Lender

The Bank of Canton

Business Detail

Business Type

Subchapter S Corporation

NAICS

237110

Borrower Location

CANTON, MA

Project Location

CANTON, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.